Aman Signals

US Presidential Elections on 3 rd Nov 2020. the results are expected to be out by  8 th Nov 2020. Let’s take a short look at what happens on the outcome If Trump wins, US Dollar will march southwards. That implies everything against USD will start rising. Expect loads of Stimulus Packages which will give massive boost to stock markets, commodities across the globe. If Biden wins, US Dollar will march northwards. Means everything against USD will start falling. Fiscal Stimulus packages will definitely be there but that stimulus money will actually go to the place where it really needs to go. That implies delayed boost to stock prices, but that rise will be the actual rise as it will be backed by real growth. Initial reactions can be massive and can be both sided, but the abovementioned view is for the next 4 years.       

At the time of writing the pair is trading at 37.33                                (10/29/2020 8:50 AM) Our Proprietary Composite Strength Meter suggests      100% selling. Range trading stop loss has been triggered. The latest scenario clearly suggests selling the pair around resistance levels with profit booking targets of support levels. The major resistance levels are = 38.50, 40 The major support levels are = 35.75, 34.50 Trend changing point: High of 4H Candle closing above 42.75    

  At the time of writing the pair is trading at 39.74.                               (10/22/2020 8:58 AM) Our Proprietary Composite Strength Meter suggests      70% selling. The above scenario suggests Range Bound activity in the pair. Traders can buy around support levels with profit booking targets of resistance points. Whereas can sell into resistances for targets of support points The major resistance levels are = 40.30, 41.30, 43 The major support levels are = 38.70, 37.70 Trend changing point: High of Daily Candle closing above 47.50                                         Low of 4H Candle closing below 37.50  

At the time of writing the pair is trading at 1.3130.            (10/22/2020 8:49 AM) Our Proprietary Composite Strength Meter suggests      88% Buying. Range trading stop loss has been triggered. The latest scenario clearly suggests buying the pair around support levels with profit booking targets of resistance levels. The major resistance levels are = 1.3250, 1.3370 The major support levels are = 1.3050, 1.2940, 1.2850 Trend changing point: Low of 4H Candle closing Below 1.2700                                      

At the time of writing the pair is trading at 1.1860.            (10/21/2020 12:00 PM) Our Proprietary Composite Strength Meter suggests      89% Buying. Range trading stop loss has been triggered. The latest scenario clearly suggests buying the pair around support levels with profit booking targets of resistance levels. The major resistance levels are = 1.1900, 1.1950 The major support levels are = 1.1780, 1.1720 Trend changing point: Low of 4H Candle closing Below 1.1630                                      

At the time of writing the pair is trading at 1.3100              (10/21/2020 8:47 AM) Our Proprietary Composite Strength Meter suggests      89% Selling. The above scenario clearly suggests selling the pair around resistance levels with profit booking targets of support levels. The major resistance levels are = 1.3150, 1.3200 The major support levels are = 1.3050, 1.3010 Trend changing point: High of 4H Candle closing above 1.3300    

  At the time of writing the pair is trading at 1.2970.            (10/21/2020 8:56 AM) Our Proprietary Composite Strength Meter suggests      55% Buying. The above scenario suggests Range Bound activity in the pair. Traders can buy around support levels with profit booking targets of resistance points. Whereas can sell into resistances for targets of support points The major resistance levels are = 1.3000, 1.3025, 1.3068 The major support levels are = 1.2930, 1.2885, 1.2817 Trend changing point: High of 4H Candle closing above 1.3080                                         Low of Daily Candle closing below 1.2650  

At the time of writing the pair is trading at 1904.                (10/20/2020 8:42 AM) Our Proprietary Composite Strength Meter suggests      60% selling. The above scenario suggests Range Bound activity in the pair. Traders can buy around support levels with profit booking targets of resistance points. Whereas can sell into resistances for targets of support points The major resistance levels are = 1925,1945 The major support levels are = 1880, 1860 Trend changing point: High of 4H Candle closing above 1960                                         Low of Daily Candle closing below 1830    

At the time of writing the pair is trading at 0.6580.            (10/20/2020 8:42 AM) Our Proprietary Composite Strength Meter suggests      60% selling. The above scenario suggests Range Bound activity in the pair. Traders can buy around support levels with profit booking targets of resistance points. Whereas can sell into resistances for targets of support points The major resistance levels are = 0.6650, 0.6685 The major support levels are = 0.6540, 0.6500 Trend changing point: High of 4H Candle closing above 0.6725                                      Low of Daily Candle closing below 0.6340    

At the time of writing the pair is trading at 0.7044.            (10/20/2020 8:42 AM) Our Proprietary Composite Strength Meter suggests      60% selling. The above scenario suggests Range Bound activity in the pair. Traders can buy around support levels with profit booking targets of resistance points. Whereas can sell into resistances for targets of support points The major resistance levels are = 0.7100, 0.7150 The major support level is = 0.6985 Trend changing point: High of 4H Candle closing above 0.7220                                         Low of Daily Candle closing below 0.6960    

  At the time of writing the pair is trading at 105.40               (10/19/2020 9:06 AM) Our Proprietary Composite Strength Meter suggests      90% Selling. The above scenario clearly suggests selling the pair around resistance levels with profit booking targets of support levels. The major resistance levels are = 105.55, 105.75 The major support levels are = 105.05, 104.60 Trend changing point: High of 4H Candle closing above 106.10

 

 

 

                 Forex Market Update 13/10/20 EURUSD CMP : 1.1794 Composite Strength Meter Suggests : 65% Buy Trend : Mild Buy  Entry Levels : CMP Profit Booking Levels : 1.1830, 1.1850 Stop Loss:  1H Candle closing below 1.1700      AUDUSD CMP : 0.7170 Composite Strength Meter Suggests : 60% Buy Trend : Neutral - Mild Buy Entry Levels : CMP Profit Booking Levels : 0.7230 Stop Loss:  1H Candle closing below 0.7100 NZDUSD CMP : 0.6640 Composite Strength Meter Suggests : 63% Buy Trend : Mild Buy  Entry Levels : CMP Profit Booking Levels : 0.6670, 0.6700 Stop Loss:  1H Candle closing below 0.6500 GBPUSD CMP : 1.3040 Composite Strength Meter Suggests : 67% Buy Trend : Mild Buy  Entry Levels : 1.3015 Profit Booking Levels : 1.3090 Stop Loss:  1H Candle closing below 1.2950 USDJPY CMP : 105.36 Composite Strength Meter Suggests : 79% Sell Trend : Strong Sell Entry Levels : CMP, 105.60 Profit Booking Levels : 105.10, 104.90 Stop Loss:  1H Candle closing above 106 USDCHF CMP : 0.9096 Composite

                Forex Market Update 12/10/20 EURUSD CMP : 1.1818 Composite Strength Meter Suggests : 73% Buy Trend : Strong Buy  Entry Levels : CMP Profit Booking Levels : 1.1850, 1.1880 Stop Loss:  1H Candle closing below 1.1700      AUDUSD CMP : 0.7222 Composite Strength Meter Suggests : 72% Buy Trend : Strong Buy Entry Levels : CMP Profit Booking Levels : 0.7270, 0.7300 Stop Loss:  1H Candle closing below 0.7100 NZDUSD CMP : 0.6661 Composite Strength Meter Suggests : 62% Buy Trend : Mild Buy  Entry Levels : CMP Profit Booking Levels : 0.6700, 06740 Stop Loss:  1H Candle closing below 0.6500 GBPUSD CMP : 1.3030 Composite Strength Meter Suggests : 63% Buy Trend : Mild Buy  Entry Levels : 1.3000 Profit Booking Levels : 1.3090 Stop Loss:  30M Candle closing below 1.3000 USDJPY CMP : 105.52 Composite Strength Meter Suggests : 74% Sell Trend : Strong Sell Entry Levels : CMP, 105.75 Profit Booking Levels : 105.35 Stop Loss:  1H Candle closing above 106 USDCHF CMP : 0.9102 Composite Strengt

               Forex Market Update 09/10/20 EURUSD CMP : 1.1777 Composite Strength Meter Suggests : 64% Buy Trend : Neutral - Mild Buy  Entry Levels : 1.1760 Profit Booking Levels : 1.1800, 1.1830 Stop Loss:  1H Candle closing below 1.1700      AUDUSD CMP : 0.7181 Composite Strength Meter Suggests : 63% Buy Trend : Neutral - Mild Buy Entry Levels : 0.7150-0.7160 Profit Booking Levels : 0.7200-0.7225 Stop Loss:  1H Candle closing below 0.7100 NZDUSD CMP : 0.6606 Composite Strength Meter Suggests : 50% Buy Trend : Neutral  Entry Levels : Avoid Profit Booking Levels : NA Stop Loss:  NA GBPUSD CMP : 1.2956 Composite Strength Meter Suggests : 52% Buy Trend : Neutral  Entry Levels : Avoid Profit Booking Levels : NA Stop Loss:  NA USDJPY CMP : 105.82 Composite Strength Meter Suggests : 61% Sell Trend : Neutral - Mild Sell Entry Levels : CMP Profit Booking Levels : 105.60 Stop Loss:  1H Candle closing above 106 USDCHF CMP : 0.9151 Composite Strength Meter Suggests : 59% Sell Trend : Neutral  E

              Forex Market Update 07/10/20 EURUSD CMP : 1.1727 Composite Strength Meter Suggests : 58% Buy Trend : Neutral  Entry Levels : Avoid Profit Booking Levels : NA Stop Loss:  NA      AUDUSD CMP : 0.7115 Composite Strength Meter Suggests : 50% Buy Trend : Neutral  Entry Levels : Avoid Profit Booking Levels : NA Stop Loss:  NA NZDUSD CMP : 0.6582 Composite Strength Meter Suggests : 57% Buy Trend : Neutral  Entry Levels : Avoid Profit Booking Levels : NA Stop Loss:  NA GBPUSD CMP : 1.2882 Composite Strength Meter Suggests : 50% Buy Trend : Neutral  Entry Levels : Avoid Profit Booking Levels : NA Stop Loss:  NA USDJPY CMP : 105.66 Composite Strength Meter Suggests : 69% Sell Trend : Neutral - Mild Sell Entry Levels : CMP, 105.80 Profit Booking Levels : 105, 104.60 Stop Loss:  1H Candle closing above 106 USDCHF CMP : 0.9180 Composite Strength Meter Suggests : 60% Sell Trend : Neutral  Entry Levels : Avoid Profit Booking Levels : NA Stop Loss:  NA USDCAD CMP : 1.3320 Composite Stren

             Forex Market Update 06/10/20 EURUSD CMP : 1.1788 Composite Strength Meter Suggests : 72% Buy Trend : Strong Buy  Entry Levels : CMP, 1.1750 Profit Booking Levels : 1.1820, 1.1850  Stop Loss:  1H Candle closing below 1.1600      AUDUSD CMP : 0.7188 Composite Strength Meter Suggests : 63% Buy Trend : Mild Buy Entry Levels : CMP, 0.7135 Profit Booking Levels : 0.7220, 0.7240 Stop Loss:  1H Candle closing below 0.7035 NZDUSD CMP : 0.6648 Composite Strength Meter Suggests : 65% Buy Trend :  Mild Buy Entry Levels : CMP, 0.6600 Profit Booking Levels : 0.6680, 0.6760 Stop Loss:  1H Candle closing below 0.6550 GBPUSD CMP : 1.2985 Composite Strength Meter Suggests : 64% Buy Trend :  Mild Buy  Entry Levels : CMP, 1.2945 Profit Booking Levels : 1.3050, 1.3100 Stop Loss:  1H Candle closing below 1.2880 USDJPY CMP : 105.66 Composite Strength Meter Suggests : 64% Sell Trend : Mild Sell Entry Levels : CMP, 105.80 Profit Booking Levels : 105, 104.60 Stop Loss:  1H Candle closing above 106

            Forex Market Update 05/10/20 EURUSD CMP : 1.1731 Composite Strength Meter Suggests : 63% Buy Trend : Mild Buy  Entry Levels : CMP Profit Booking Levels : 1.1785, 1.1830 Stop Loss:  1H Candle closing below 1.1600      AUDUSD CMP : 0.7185 Composite Strength Meter Suggests : 63% Buy Trend : Mild Buy Entry Levels : CMP, 0.7135 Profit Booking Levels : 0.7200, 0.7220 Stop Loss:  1H Candle closing below 0.7035 NZDUSD CMP : 0.6648 Composite Strength Meter Suggests : 66% Buy Trend :  Mild Buy Entry Levels : CMP, 0.6600 Profit Booking Levels : 0.6680, 0.6760 Stop Loss:  1H Candle closing below 0.6550 GBPUSD CMP : 1.2945 Composite Strength Meter Suggests : 61% Buy Trend :  Mild Buy  Entry Levels : CMP, 1.2905 Profit Booking Levels : 1.2970, 1.3020 Stop Loss:  1H Candle closing below 1.2730 USDJPY CMP : 105.52 Composite Strength Meter Suggests : 66% Sell Trend : Mild Sell Entry Levels : CMP, 105.80 Profit Booking Levels : 105, 104.60 Stop Loss:  1H Candle closing above 106 USDCHF CMP :

           Forex Market Update 01/10/20 EURUSD CMP : 1.1741 Composite Strength Meter Suggests : 63% Buy Trend : Mild Buy  Entry Levels : CMP Profit Booking Levels : 1.1785, 1.1830 Stop Loss:  1H Candle closing below 1.1600      AUDUSD CMP : 0.7177 Composite Strength Meter Suggests : 69% Buy Trend : Mild Buy Entry Levels : CMP, 0.7135 Profit Booking Levels : 0.7200, 0.7220 Stop Loss:  1H Candle closing below 0.7035 NZDUSD CMP : 0.6627 Composite Strength Meter Suggests : 67% Buy Trend :  Mild Buy Entry Levels : CMP, 0.6600 Profit Booking Levels : 0.6640, 0.6660 Stop Loss:  1H Candle closing below 0.6550 GBPUSD CMP : 1.2933 Composite Strength Meter Suggests : 61% Buy Trend :  Mild Buy  Entry Levels : CMP, 1.2880 Profit Booking Levels : 1.2970, 1.3020 Stop Loss:  1H Candle closing below 1.2730 USDJPY CMP : 105.45 Composite Strength Meter Suggests : 63% Sell Trend : Mild Sell Entry Levels : CMP Profit Booking Levels : 105 Stop Loss:  1H Candle closing above 106 USDCHF CMP : 0.9192 Composite