Forex Market Update 30/09/20
EURUSD CMP : 1.1728
Composite Strength Meter Suggests : 70% Sell
Trend : Strong Buy
Entry Levels : CMP
Profit Booking Levels : 1.1785, 1.1830
Stop Loss: 1H Candle closing below 1.1600
AUDUSD CMP : 0.7111
Composite Strength Meter Suggests : 65% Buy
Trend : Neutral - Mild Buy
Entry Levels : CMP
Profit Booking Levels : 0.7150, 0.7180
Stop Loss: 1H Candle closing below 0.7035
NZDUSD CMP : 0.6586
Composite Strength Meter Suggests : 60% Buy
Trend : Neutral - Mild Buy
Entry Levels : CMP
Profit Booking Levels : 0.6625
Stop Loss: 1H Candle closing below 0.6550
GBPUSD CMP : 1.2839
Composite Strength Meter Suggests : 59% Buy
Trend : Neutral
Entry Levels : Avoid
Profit Booking Levels : NA
Stop Loss: NA
USDJPY CMP : 105.58
Composite Strength Meter Suggests : 58% Sell
Trend : Neutral
Entry Levels : Avoid
Profit Booking Levels : NA
Stop Loss: NA
USDCHF CMP : 0.9209
Composite Strength Meter Suggests : 66% Sell
Trend : Mild Sell
Entry Levels : CMP
Profit Booking Levels : 0.9160
Stop Loss: 1H Candle closing above 0.9300
USDCAD CMP : 1.3404
Composite Strength Meter Suggests : 53% Buy
Trend : Neutral
Entry Levels : Avoid
Profit Booking Levels : NA
Stop Loss: NA
XAUUSD CMP : 1889
Composite Strength Meter Suggests : 58% Buy
Trend : Neutral
Entry Levels : Avoid
Profit Booking Levels :NA
Stop Loss: NA
Forex cross pairs
EURGBP CMP : 0.9134
Composite Strength Meter Suggests : 84% Buy
Trend : Strong Buy
Entry Levels : CMP, 0.9110
Profit Booking Levels : 0.9160, 0.9200
Stop Loss: 4H candle closing below 0.9000
EURJPY CMP : 123.86
Composite Strength Meter Suggests : 70% Buy
Trend : Strong Buy
Entry Levels : CMP
Profit Booking Levels : 124.50
Stop Loss: 1H Candle closing below 122.30
GBPJPY CMP : 135.57
Composite Strength Meter Suggests : 60% Sell
Trend : Mild Sell
Entry Levels : CMP
Profit Booking Levels :134.80, 134.30
Stop Loss: 4H candle closing above 137.65
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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