Latest Fx Updates

          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 Strength Meter Suggests : 67% Sell

Trend : Mild Sell

Entry Levels : CMP

Profit Booking Levels : 0.9160

Stop Loss: 1H Candle closing above 0.9300

USDCAD CMP : 1.3292

Composite Strength Meter Suggests : 62% Sell

Trend : Mild Sell

Entry Levels : 1.3350

Profit Booking Levels : 1.3250

Stop Loss: 1H Candle closing above 1.3400

XAUUSD CMP : 1891

Composite Strength Meter Suggests : 52% Buy

Trend : Neutral 

Entry Levels : Avoid

Profit Booking Levels :NA

Stop Loss: NA

Forex cross pairs

EURGBP CMP : 0.9076

Composite Strength Meter Suggests : 70% Buy

Trend : Strong Buy

Entry Levels : CMP

Profit Booking Levels : 0.9135, 0.9190

Stop Loss: 4H candle closing below 0.9000

EURJPY CMP : 123.82

Composite Strength Meter Suggests : 62% Buy

Trend : Mild Buy

Entry Levels : CMP

Profit Booking Levels : 124.10, 124.50

Stop Loss: 1H Candle closing below 122.30

GBPJPY CMP : 136.40

Composite Strength Meter Suggests : 60% Sell

Trend : Mild Sell

Entry Levels : CMP

Profit Booking Levels :135.40

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