Today’s Market Update

Market stuck in range ahead of US Non Farm Payrolls data today. The US NFP is expected to show that job growth accelerated in June. Above-forecast data may cause a temporary rise in the US dollar. In view of the above we are publishing the latest updates on major items.

 

EURUSD CMP: 1.1265 Composite Strength Meter: 78% Buying Trend Recommendation: Strong Buy Entry Zone: 1.1240, 1.1180 Profit Booking Zone: 1.1280, 1.1310 Trend Changing Zone: 4H closing below 1.1100	AUDUSD CMP: 0.6920 Composite Strength Meter: 84% Buying Trend Recommendation: Strong Buy Entry Zone: 0.6888, 0.6860, 0.6840 Profit Booking Zone: 0.6950, 0.6975, 0.7020 Trend Changing Zone: 4H closing below 0.6730
NZDUSD CMP: 0.6493 Composite Strength Meter: 86% Buying Trend Recommendation: Strong Buy Entry Zone: 0.6460, 0.6440, 0.6400 Profit Booking Zone: 0.6530, 0.6560, 0.6580 Trend Changing Zone: 4H closing below 0.6330	GBPUSD CMP: 1.2486 Composite Strength Meter: 50% Selling Trend Recommendation: Neutral Entry Zone: Avoid this trade Profit Booking Zone: Avoid this trade Trend Changing Zone: N.A.
USDJPY CMP: 107.45 Composite Strength Meter: 66% Selling Trend Recommendation: Mild Selling Entry Zone: 107.60, 107.88 Profit Booking Zone: 107.15, 106.85, 106.60 Trend Changing Zone: 4H Closing above 108.20	USDCHF CMP: 0.9455 Composite Strength Meter: 75% Selling Trend Recommendation: Strong Sell Entry Zone: 0.9480-0.9520 Profit Booking Zone: 0.9390, 0.9360 Trend Changing Zone: 4H Closing above 0.9600
XAUUSD CMP: 1766 Composite Strength Meter: 52% Buying Trend Recommendation: Neutral Entry Zone: Avoid this trade Profit Booking Zone: Avoid this trade Trend Changing Zone: N.A.	US30 Dow Jones CMP: 25585 Composite Strength Meter: 63% Selling Trend Recommendation: Mild Selling Entry Zone: 25900 Profit Booking Zone: 24900 Trend Changing Zone: 4H Closing above 27100