Latest Fx Updates

           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 : 0.9166

Composite Strength Meter Suggests : 68% Sell

Trend : Mild Sell

Entry Levels : CMP, 0.9195

Profit Booking Levels : 0.9150, 0.9130

Stop Loss: 1H Candle closing above 0.9300

USDCAD CMP : 1.3273

Composite Strength Meter Suggests : 64% Sell

Trend : Mild Sell

Entry Levels : 1.3300

Profit Booking Levels : 1.3250, 1.3230, 1.3200

Stop Loss: 1H Candle closing above 1.3400

XAUUSD CMP : 1896

Composite Strength Meter Suggests : 57% Buy

Trend : Neutral 

Entry Levels : Avoid

Profit Booking Levels :NA

Stop Loss: NA

Forex cross pairs

EURGBP CMP : 0.9059

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 : 60% Buy

Trend : Mild Buy

Entry Levels : CMP

Profit Booking Levels : 124.10, 124.50

Stop Loss: 1H Candle closing below 122.30

GBPJPY CMP : 136.64

Composite Strength Meter Suggests : 65% Sell

Trend : Mild Sell

Entry Levels : CMP

Profit Booking Levels :136, 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