Forex Market Update 31/08/20 EURUSD CMP : 1.1913 Composite Strength Meter Suggests : 89% Buy Trend : Strong Buy Entry Levels : 1.1880, 1.1830 Profit Booking Levels : 1.1950, 1.2000 Stop Loss: 4H candle closing below 1.1725 AUDUSD CMP : 0.7364 Composite Strength Meter Suggests : 91% Buy Trend : Strong Buy Entry Levels : 0.7330, 0.7280 Profit Booking Levels : 0.7400, 0.7450 Stop Loss: 4H candle closing below 0.7150 NZDUSD CMP : 0.6737 Composite Strength Meter Suggests : 90% Buy Trend : Strong Buy Entry Levels : 0.6700, 0.6660 Profit Booking Levels : 0.6800, 0.6830 Stop Loss: 4H candle closing below 0.6500 GBPUSD CMP : 1.3352 Composite Strength Meter Suggests : 87% Buy Trend : Strong Buy Entry Levels : 1.3300, 1.3250 Profit Booking Levels : 1.3400, 1.3450 Stop Loss: 4H candle closing below 1.2900 USDJPY CMP : 105.47 Composite Strength Meter Suggests : 62% Sell Trend : Neutral - Mild Sell Entry Levels : 105.70, 106.30 Profit Booking Levels : 104.70, 104.30 Stop Loss
The AMAN is a little-known yet highly reliable indicator. The Team invented AMAN to act as a market tool rather than as a trading indicator. But whatever it's used for, whether it is called a tool or indicator. It is quite a fascinating instrument invented by market technicians that followed and studied markets for nearly 16 years. Working within the context of familiar moving averages, oscillators, price action strategies throughout the 2000s.