Skip to main content

Latest Fx Updates

                     

Forex Market Update 04/09/20




EURUSD CMP : 1.1847
Composite Strength Meter Suggests : 69% Buy
Trend : Mild Buy
Entry Levels : CMP, 1.1823
Profit Booking Levels : 1.1910, 1.1980
Stop Loss: 4H candle closing below 1.1725
    

AUDUSD CMP : 0.7271
Composite Strength Meter Suggests : 68% Buy
Trend : Mild Buy
Entry Levels : CMP, 0.7240
Profit Booking Levels : 0.7320, 0.7370
Stop Loss: 4H candle closing below 0.7150


NZDUSD CMP : 0.6702
Composite Strength Meter Suggests : 76% Buy
Trend : Strong Buy
Entry Levels : CMP, 0.6670
Profit Booking Levels : 0.6750, 0.6800
Stop Loss: 4H candle closing below 0.6500


GBPUSD CMP : 1.3285
Composite Strength Meter Suggests : 71% Buy
Trend : Strong Buy
Entry Levels : CMP, 1.3230
Profit Booking Levels : 1.3385, 1.3450
Stop Loss: 4H candle closing below 1.3125


USDJPY CMP : 106.20
Composite Strength Meter Suggests : 52% Sell
Trend : Neutral 
Entry Levels : Avoid
Profit Booking Levels : NA
Stop Loss: NA


USDCHF CMP : 0.9097
Composite Strength Meter Suggests : 77% Sell
Trend : Strong Sell
Entry Levels : CMP, 0.9140
Profit Booking Levels : 0.9020,0.8970
Stop Loss: 4H candle closing above 0.9175


USDCAD CMP : 1.3125
Composite Strength Meter Suggests : 71% Sell
Trend : Strong Sell
Entry Levels : CMP,1.3150
Profit Booking Levels : 1.3060, 1.2975
Stop Loss: 4H candle closing above 1.3225


XAUUSD CMP : 1938
Composite Strength Meter Suggests : 57% Sell
Trend : Neutral 
Entry Levels : Avoid
Profit Booking Levels :NA
Stop Loss: NA

Forex cross pairs


EURGBP CMP : 0.8920
Composite Strength Meter Suggests : 51% Buy
Trend : Neutral 
Entry Levels : Avoid
Profit Booking Levels : NA
Stop Loss: NA


EURJPY CMP : 125.84
Composite Strength Meter Suggests : 71% Buy
Trend : Strong Buy
Entry Levels : CMP, 125.40
Profit Booking Levels : 126.35, 126.80
Stop Loss: 4H candle closing below 124.35


GBPJPY CMP : 141.06
Composite Strength Meter Suggests : 69% Buy
Trend : Mild Buy
Entry Levels : CMP, 140.30
Profit Booking Levels : 142.25, 142.50
Stop Loss: 4H candle closing below 137.60


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

Comments

Post a Comment

Popular posts from this blog

Latest Fx Updates

    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 ...
Post a Comment
Read more

Major FX Updates (27/08/2024)

 
Post a Comment
Read more

Latest Fx Market Updates

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 Level...
Post a Comment
Read more