Latest Fx Updates

            Forex Market Update 06/10/20

EURUSD CMP : 1.1788
Composite Strength Meter Suggests : 72% Buy
Trend : Strong Buy 
Entry Levels : CMP, 1.1750
Profit Booking Levels : 1.1820, 1.1850 
Stop Loss: 1H Candle closing below 1.1600

    

AUDUSD CMP : 0.7188

Composite Strength Meter Suggests : 63% Buy

Trend : Mild Buy
Entry Levels : CMP, 0.7135
Profit Booking Levels : 0.7220, 0.7240

Stop Loss: 1H Candle closing below 0.7035

NZDUSD CMP : 0.6648

Composite Strength Meter Suggests : 65% 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 : 1.2985

Composite Strength Meter Suggests : 64% Buy

Trend : Mild Buy 

Entry Levels : CMP, 1.2945

Profit Booking Levels : 1.3050, 1.3100

Stop Loss: 1H Candle closing below 1.2880

USDJPY CMP : 105.66

Composite Strength Meter Suggests : 64% Sell

Trend : Mild Sell

Entry Levels : CMP, 105.80

Profit Booking Levels : 105, 104.60

Stop Loss: 1H Candle closing above 106

USDCHF CMP : 0.9149

Composite Strength Meter Suggests : 71% Sell

Trend : Strong Sell

Entry Levels : CMP, 0.9175

Profit Booking Levels : 0.9130, 0.9110

Stop Loss: 1H Candle closing above 0.9230

USDCAD CMP : 1.3254

Composite Strength Meter Suggests : 71% Sell

Trend : Strong Sell

Entry Levels : CMP, 1.3270

Profit Booking Levels : 1.3230, 1.3200

Stop Loss: 1H Candle closing above 1.3400

XAUUSD CMP : 1909

Composite Strength Meter Suggests : 63% Buy

Trend : Mild Buy 

Entry Levels : CMP

Profit Booking Levels :1927, 1938

Stop Loss: 1H Candle closing below 1870

Forex cross pairs

EURGBP CMP : 0.9078

Composite Strength Meter Suggests : 76% Buy

Trend : Strong Buy

Entry Levels : CMP

Profit Booking Levels : 0.9100, 0.9135

Stop Loss: 4H candle closing below 0.9000

EURJPY CMP : 124.58

Composite Strength Meter Suggests : 71% Buy

Trend : Strong Buy

Entry Levels :  CMP, 124.25

Profit Booking Levels : 125.15, 125.60

Stop Loss: 1H Candle closing below 122.30

GBPJPY CMP : 137.22

Composite Strength Meter Suggests : 57% Sell

Trend : Neutral

Entry Levels : Avoid

Profit Booking Levels :NA

Stop Loss: NA

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