Latest Fx Updates

                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 Strength Meter Suggests : 89% Sell

Trend : Strong Sell
Entry Levels : CMP
Profit Booking Levels : 0.9060, 0.9040
Stop Loss: 1H Candle closing above 0.9150

USDCAD CMP : 1.3132

Composite Strength Meter Suggests : 87% Sell

Trend : Strong Sell
Entry Levels : CMP
Profit Booking Levels : 1.3080, 1.3040
Stop Loss: 1H Candle closing above 1.3200

XAUUSD CMP : 1912

Composite Strength Meter Suggests : 66% Buy

Trend : Neutral
Entry Levels : Avoid
Profit Booking Levels : NA

Stop Loss: NA

Forex cross pairs

EURGBP CMP : 0.9041

Composite Strength Meter Suggests : 57% Buy

Trend : Neutral
Entry Levels : Avoid
Profit Booking Levels : NA

Stop Loss: NA

EURJPY CMP : 124.28

Composite Strength Meter Suggests : 66% Buy

Trend : Mild Buy 
Entry Levels : CMP
Profit Booking Levels : 125, 125.20
Stop Loss: 1H Candle closing below 124

GBPCHF CMP : 1.1865

Technical Strength Meter Suggests : 100% Sell

Trend : Strong Sell

Entry Levels : CMP

Profit Booking Levels :1.1825, 1.1800

Stop Loss: 4H Candle closing above 1.1983

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