Forex Market Update 08/09/20
EURUSD CMP : 1.1807
Composite Strength Meter Suggests : 68% Buy
Trend : Mild Buy
Entry Levels : CMP, 1.1790
Trend : Mild Buy
Entry Levels : CMP, 1.1790
Profit Booking Levels : 1.1840, 1.1860, 1.1875
Stop Loss: 4H candle closing below 1.1725
AUDUSD CMP : 0.7277
Composite Strength Meter Suggests : 75% Buy
Trend : Strong Buy
Entry Levels : CMP, 0.7240
Profit Booking Levels : 0.7300, 0.7320
Stop Loss: 4H candle closing below 0.7150
NZDUSD CMP : 0.6685
Composite Strength Meter Suggests : 75% Buy
Trend : Strong Buy
Entry Levels : CMP, 0.6670
Profit Booking Levels : 0.6710, 0.6740
Stop Loss: 4H candle closing below 0.6500
GBPUSD CMP : 1.3146
Composite Strength Meter Suggests : 60% Buy
Trend : Neutral - Mild Buy
Entry Levels : CMP, 1.3125
Profit Booking Levels : 1.3250, 1.3300
Stop Loss: 4H candle closing below 1.3125
USDJPY CMP : 106.28
Composite Strength Meter Suggests : 53% Buy
Trend : Neutral
Entry Levels : Avoid
Profit Booking Levels : NA
Stop Loss: NA
USDCHF CMP : 0.9178
Composite Strength Meter Suggests : 69% Sell
Trend : Mild Sell
Entry Levels : CMP
Profit Booking Levels : 0.9135, 0.9100
Stop Loss: 4H candle closing above 0.9175
USDCAD CMP : 1.3109
Composite Strength Meter Suggests : 78% Sell
Trend : Strong Sell
Entry Levels : CMP,1.3120
Profit Booking Levels : 1.3060,1.3020
Stop Loss: 4H candle closing above 1.3225
XAUUSD CMP : 1923
Composite Strength Meter Suggests : 58% Sell
Trend : Neutral
Entry Levels : Avoid
Profit Booking Levels :NA
Stop Loss: NA
Forex cross pairs
EURGBP CMP : 0.8981
Composite Strength Meter Suggests : 72% Buy
Trend : Strong Buy
Entry Levels : 0.8960, 0.8930
Profit Booking Levels : 0.9000, 0.9040
Stop Loss: 1H candle closing below 0.8890
EURJPY CMP : 125.50
Composite Strength Meter Suggests : 71% Buy
Trend : Strong Buy
Entry Levels : CMP, 125.25
Profit Booking Levels : 125.85, 126.10
Stop Loss: 4H candle closing below 124.35
GBPJPY CMP : 139.76
Composite Strength Meter Suggests : 60% Buy
Trend : Neutral - Mild Buy
Entry Levels : CMP, 139.40
Profit Booking Levels : 140.80, 141.70
Stop Loss: 4H candle closing below 138.40
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