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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

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