Forex Market Update 14/09/20
EURUSD CMP : 1.1848
Composite Strength Meter Suggests : 86% Buy
Trend : Strong Buy
Entry Levels : CMP, 1.1820
Profit Booking Levels : 1.1910, 1.1940
Stop Loss: 4H candle closing below 1.1725
AUDUSD CMP : 0.7282
Composite Strength Meter Suggests : 80% Buy
Trend : Strong Buy
Entry Levels : CMP, 0.7250
Profit Booking Levels : 0.7330, 0.7360
Stop Loss: 4H candle closing below 0.7150
NZDUSD CMP : 0.6692
Composite Strength Meter Suggests : 77% Buy
Trend : Strong Buy
Entry Levels : CMP, 0.6655
Profit Booking Levels : 0.6720, 0.6750
Stop Loss: 4H candle closing below 0.6500
GBPUSD CMP : 1.2823
Composite Strength Meter Suggests : 61% Sell
Trend : Neutral
Entry Levels : Avoid
Profit Booking Levels : NA
Stop Loss: NA
USDJPY CMP : 106.08
Composite Strength Meter Suggests : 63% Sell
Trend : Neutral
Entry Levels : Avoid
Profit Booking Levels : NA
Stop Loss: NA
USDCHF CMP : 0.9085
Composite Strength Meter Suggests : 73% Sell
Trend : Strong Sell
Entry Levels : CMP, 0.9110
Profit Booking Levels : 0.9060,0.9040
Stop Loss: 4H candle closing above 0.9175
USDCAD CMP : 1.3160
Composite Strength Meter Suggests : 72% Sell
Trend : Strong Sell
Entry Levels : CMP,1.3205
Profit Booking Levels : 1.3130, 1.3090
Stop Loss: 4H candle closing above 1.3225
XAUUSD CMP : 1950
Composite Strength Meter Suggests : 59% Buy
Trend : Neutral
Entry Levels : Avoid
Profit Booking Levels :NA
Stop Loss: NA
Forex cross pairs
EURGBP CMP : 0.9239
Composite Strength Meter Suggests : 95% Buy
Trend : Strong Buy
Entry Levels : CMP, 0.9200, 0.9130
Profit Booking Levels : 0.9330, 0.9370
Stop Loss: 1 H Candle closing below 0.8990
EURJPY CMP : 125.70
Composite Strength Meter Suggests : 82% Buy
Trend : Strong Buy
Entry Levels : CMP, 125.40
Profit Booking Levels : 126.50, 127
Stop Loss: 4H candle closing below 124.35
GBPJPY CMP : 136.02
Composite Strength Meter Suggests : 59% Sell
Trend : Neutral
Entry Levels : Avoid
Profit Booking Levels :NA
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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