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Latest Fx Updates

    Forex Market Update 22/09/20


EURUSD CMP : 1.1770
Composite Strength Meter Suggests : 65% Buy
Trend : Neutral - Mild Buy
Entry Levels : CMP
Profit Booking Levels : 1.1830, 1.1870
Stop Loss: 4H candle closing below 1.1725

    
AUDUSD CMP : 0.7224
Composite Strength Meter Suggests : 66% Buy
Trend : Neutral - Mild Buy
Entry Levels : CMP
Profit Booking Levels : 0.7285, 0.7335
Stop Loss: 4H candle closing below 0.7150


NZDUSD CMP : 0.6673
Composite Strength Meter Suggests : 69% Buy
Trend : Neutral - Mild Buy
Entry Levels : CMP
Profit Booking Levels : 0.6740, 0.6790
Stop Loss: 4H candle closing below 0.6500


GBPUSD CMP : 1.2820
Composite Strength Meter Suggests : 61% Sell
Trend : Neutral - Mild Sell
Entry Levels : 1.2850
Profit Booking Levels : 1.2725
Stop Loss: 1H candle closing above 1.3000


USDJPY CMP : 104.57
Composite Strength Meter Suggests : 86% Sell
Trend : Strong Sell
Entry Levels : CMP, 104.90
Profit Booking Levels : 104.10, 103.70
Stop Loss: 4H candle closing above 106.60


USDCHF CMP : 0.9147
Composite Strength Meter Suggests : 55% Sell
Trend : Neutral
Entry Levels : Avoid
Profit Booking Levels : NA
Stop Loss: NA


USDCAD CMP : 1.3304
Composite Strength Meter Suggests : 50% Sell
Trend : Neutral
Entry Levels : Avoid
Profit Booking Levels : NA
Stop Loss: NA

XAUUSD CMP : 1911
Composite Strength Meter Suggests : 63% Sell
Trend : Neutral - Mild Sell
Entry Levels : CMP, 1930
Profit Booking Levels :1870, 1840
Stop Loss: 1H candle closing above 1940

Forex cross pairs


EURGBP CMP : 0.9179
Composite Strength Meter Suggests : 84% Buy
Trend : Strong Buy
Entry Levels : CMP, 0.9150
Profit Booking Levels : 0.9200, 0.9225
Stop Loss: 4H candle closing below 0.9000


EURJPY CMP : 123.05
Composite Strength Meter Suggests : 53% Sell
Trend : Neutral
Entry Levels : Avoid
Profit Booking Levels : NA
Stop Loss: NA


GBPJPY CMP : 134.04
Composite Strength Meter Suggests : 62% Sell
Trend : Neutral - Mild Sell
Entry Levels : 134.40
Profit Booking Levels :133.20, 132.80
Stop Loss: 1H candle closing above 136


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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    Forex Market Update 11/08/20 EURUSD CMP : 1.1749 Composite Strength Meter Suggests : 71% Buy Trend : Strong Buy Entry Levels : CMP, 1680 Profit Booking Levels : 1.1790, 1.1825 Stop Loss: 4H candle closing below 1.1550 AUDUSD CMP : 0.7179 Composite Strength Meter Suggests : 78% Buy Trend : Strong Buy Entry Levels : CMP, 0.7120 Profit Booking Levels : 0.7220, 0.7280 Stop Loss: 4H candle closing below 0.6970 NZDUSD CMP : 0.6616 Composite Strength Meter Suggests : 74% Buy Trend : Strong Buy Entry Levels : CMP, 0.6560 Profit Booking Levels : 0.6660, 0.6730 Stop Loss: 4H candle closing below 0.6500 GBPUSD CMP : 1.3087 Composite Strength Meter Suggests : 79% Buy Trend : Strong Buy Entry Levels : 1.3035, 1.2985 Profit Booking Levels :  1.3140, 1.3225 Stop Loss: 4H closing below 1.2850 USDJPY CMP : 106.02 Composite Strength Meter Suggests : 64% Sell Trend : Neutral - Mild Sell Entry Levels : Avoid Profit Booking Levels : NA Stop Loss: NA USDCHF CMP : 0.9150 Composite Strength Meter Suggests

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