Latest Fx Updates

     Forex Market Update 23/09/20

EURUSD CMP : 1.1680
Composite Strength Meter Suggests : 52% Sell
Trend : Neutral 
Entry Levels : Avoid
Profit Booking Levels : NA
Stop Loss: NA

    

AUDUSD CMP : 0.7132

Composite Strength Meter Suggests : 51% Sell

Trend : Neutral 
Entry Levels : Avoid
Profit Booking Levels : NA
Stop Loss: NA

NZDUSD CMP : 0.6620

Composite Strength Meter Suggests : 65% Buy

Trend : Neutral - Mild Buy

Entry Levels : Avoid

Profit Booking Levels : NA
Stop Loss: NA

GBPUSD CMP : 1.2722

Composite Strength Meter Suggests : 60% Sell

Trend : Neutral - Mild Sell

Entry Levels : Cautious selling around 1.2850

Profit Booking Levels : 1.2610

Stop Loss: 1H candle closing above 1.3000

USDJPY CMP : 105.12

Composite Strength Meter Suggests : 72% Sell

Trend : Strong Sell

Entry Levels : CMP, 105.26

Profit Booking Levels : 104.50, 104.10

Stop Loss: 4H candle closing above 106.60

USDCHF CMP : 0.9214

Composite Strength Meter Suggests : 52% Sell

Trend : Neutral

Entry Levels : Avoid

Profit Booking Levels : NA

Stop Loss: NA

USDCAD CMP : 1.3320

Composite Strength Meter Suggests : 51% Sell

Trend : Neutral

Entry Levels : Avoid

Profit Booking Levels : NA

Stop Loss: NA

XAUUSD CMP : 1892

Composite Strength Meter Suggests : 60% Sell

Trend : Neutral - Mild Sell

Entry Levels : 1920, 1930

Profit Booking Levels :1870, 1840

Stop Loss: 1H candle closing above 1940

Forex cross pairs

EURGBP CMP : 0.9181

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 : 122.70

Composite Strength Meter Suggests : 53% Sell

Trend : Neutral

Entry Levels : Avoid

Profit Booking Levels : NA

Stop Loss: NA

GBPJPY CMP : 133.64

Composite Strength Meter Suggests : 80% Sell

Trend : Strong Sell

Entry Levels : 134, 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