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Market's Latest Update 27th July 2020

Forex Majors today's review


EURUSD CMP : 1.1688
Composite Strength Meter Suggests : 92% Buy
Trend : Strong Buy
Entry Levels : 1.1631, 1.1600, 1.1570
Profit Booking Levels : 1.1710, 1.1760
Stop Loss: 4H candle closing below 1.1400

AUDUSD CMP : 0.7118
Composite Strength Meter Suggests : 81% Buy
Trend : Strong Buy
Entry Levels : CMP, 0.7100, 0.7075
Profit Booking Levels : 0.7160, 0.7217
Stop Loss: 4H candle closing below 0.6970

NZDUSD CMP : 0.6663
Composite Strength Meter Suggests : 78% Buy
Trend : Strong Buy
Entry Levels : CMP, 0.6637, 0.6619
Profit Booking Levels : 0.6694, 0.6722
Stop Loss: 4H candle closing below 0.6500

GBPUSD CMP : 1.2821
Composite Strength Meter Suggests : 66% Buy
Trend : Mild Buy
Entry Levels : CMP, 1.2770, 1.2740
Profit Booking Levels : 1.2860, 1.2900
Stop Loss: 4H closing below 1.2500

USDJPY CMP : 105.83
Composite Strength Meter Suggests : 87% Sell
Trend : Strong Sell
Entry Levels : 106.20-106.50
Profit Booking Levels : 105.50, 105
Stop Loss: 4H candle closing above 107.70

USDCHF CMP : 0.9191
Composite Strength Meter Suggests : 93% Sell
Trend : Strong Sell
Entry Levels : 0.9225-0.9250
Profit Booking Levels : 0.9170, 0.9135
Stop Loss: 4H candle closing above 0.9467

USDCAD CMP : 1.3404
Composite Strength Meter Suggests : 66% Sell
Trend : Mild Sell
Entry Levels : 1.3455, 1.3500
Profit Booking Levels : 1.3365, 1.3315
Stop Loss: 1H candle closing above 1.3530

XAUUSD CMP : 1908
Composite Strength Meter Suggests : 82% Buy
Trend : Strong Buy 
Entry Levels : 1895-1885
Profit Booking Levels : 1925, 1940
Stop Loss: 4H candle closing below 1800

Forex cross pairs


EURGBP CMP : 0.9110
Composite Strength Meter Suggests : 90% Buy
Trend : Strong Buy
Entry Levels : CMP, 0.9085
Profit Booking Levels : 0.9145, 0.9170
Stop Loss: 4H candle closing below 0.8977

EURJPY CMP : 123.67
Composite Strength Meter Suggests : 81% Buy
Trend : Strong Buy
Entry Levels : CMP, 123.55, 122.90
Profit Booking Levels : 124.25, 124.80
Stop Loss: 4H candle closing below 121.80

GBPJPY CMP : 136.45
Composite Strength Meter Suggests : 58% Sell
Trend : Neutral
Entry Levels : Avoid Trading
Profit Booking Levels : Avoid Trading
Stop Loss: NA

Reference:

Trend changing point candle low should be kept as stop loss for buy trend

Trend changing point candle high should be kept as stop loss for sell trend

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