Forex Market Update 18/09/20
EURUSD CMP : 1.1850
Composite Strength Meter Suggests : 77% Buy
Trend : Strong Buy
Entry Levels : 1.1825
Profit Booking Levels : 1.1925
Stop Loss: 4H candle closing below 1.1725
AUDUSD CMP : 0.7321
Composite Strength Meter Suggests : 76% Buy
Trend : Strong Buy
Entry Levels : CMP, 0.7290
Profit Booking Levels : 0.7340, 0.7380
Stop Loss: 4H candle closing below 0.7150
NZDUSD CMP : 0.6776
Composite Strength Meter Suggests : 83% Buy
Trend : Strong Buy
Entry Levels : 0.6740
Profit Booking Levels : 0.6850
Stop Loss: 4H candle closing below 0.6500
GBPUSD CMP : 1.2954
Composite Strength Meter Suggests : 50% Buy
Trend : Neutral
Entry Levels : Avoid
Profit Booking Levels : NA
Stop Loss: NA
USDJPY CMP : 104.82
Composite Strength Meter Suggests : 87% Sell
Trend : Strong Sell
Entry Levels : 105
Profit Booking Levels : 104.20
Stop Loss: 4H candle closing above 106.60
USDCHF CMP : 0.9083
Composite Strength Meter Suggests : 63% Sell
Trend : Neutral
Entry Levels : Avoid
Profit Booking Levels : NA
Stop Loss: NA
USDCAD CMP : 1.3160
Composite Strength Meter Suggests : 77% Sell
Trend : Strong Sell
Entry Levels : 1.3200
Profit Booking Levels : 1.3070
Stop Loss: 4H candle closing above 1.3225
XAUUSD CMP : 1952
Composite Strength Meter Suggests : 51% Sell
Trend : Neutral
Entry Levels : Avoid
Profit Booking Levels :NA
Stop Loss: NA
Forex cross pairs
EURGBP CMP : 0.9146
Composite Strength Meter Suggests : 81% Buy
Trend : Strong Buy
Entry Levels : 0.9125
Profit Booking Levels : 0.9260
Stop Loss: 4H candle closing below 0.9000
EURJPY CMP : 124.22
Composite Strength Meter Suggests : 54% Buy
Trend : Neutral
Entry Levels : Avoid
Profit Booking Levels : NA
Stop Loss: NA
GBPJPY CMP : 135.80
Composite Strength Meter Suggests : 58% 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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