Forex Market Update 15/09/20
EURUSD CMP : 1.1886
Composite Strength Meter Suggests : 86% Buy
Trend : Strong Buy
Entry Levels : 1.1855
Profit Booking Levels : 1.1910, 1.1940
Stop Loss: 4H candle closing below 1.1725
AUDUSD CMP : 0.7311
Composite Strength Meter Suggests : 80% Buy
Trend : Strong Buy
Entry Levels : 0.7275
Profit Booking Levels : 0.7330, 0.7360
Stop Loss: 4H candle closing below 0.7150
NZDUSD CMP : 0.6713
Composite Strength Meter Suggests : 83% Buy
Trend : Strong Buy
Entry Levels : 0.6680
Profit Booking Levels : 0.6735, 0.6750
Stop Loss: 4H candle closing below 0.6500
GBPUSD CMP : 1.2855
Composite Strength Meter Suggests : 56% Sell
Trend : Neutral
Entry Levels : Avoid
Profit Booking Levels : NA
Stop Loss: NA
USDJPY CMP : 105.65
Composite Strength Meter Suggests : 66% Sell
Trend : Neutral
Entry Levels : Avoid
Profit Booking Levels : NA
Stop Loss: NA
USDCHF CMP : 0.9070
Composite Strength Meter Suggests : 74% Sell
Trend : Strong Sell
Entry Levels : 0.9090
Profit Booking Levels : 0.9055,0.9040
Stop Loss: 4H candle closing above 0.9175
USDCAD CMP : 1.3153
Composite Strength Meter Suggests : 72% Sell
Trend : Strong Sell
Entry Levels : CMP,1.3175
Profit Booking Levels : 1.3130, 1.3090
Stop Loss: 4H candle closing above 1.3225
XAUUSD CMP : 1964
Composite Strength Meter Suggests : 63% Buy
Trend : Neutral
Entry Levels : Avoid
Profit Booking Levels :NA
Stop Loss: NA
Forex cross pairs
EURGBP CMP : 0.9246
Composite Strength Meter Suggests : 88% Buy
Trend : Strong Buy
Entry Levels : CMP, 0.9200
Profit Booking Levels : 0.9330, 0.9370
Stop Loss: 1H Candle closing below 0.8990
EURJPY CMP : 125.60
Composite Strength Meter Suggests : 76% 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 : 135.86
Composite Strength Meter Suggests : 53% 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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