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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

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