Skip to main content

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

Comments

Post a Comment

Popular posts from this blog

Latest Fx Updates

    Forex Market Update 11/08/20 EURUSD CMP : 1.1749 Composite Strength Meter Suggests : 71% Buy Trend : Strong Buy Entry Levels : CMP, 1680 Profit Booking Levels : 1.1790, 1.1825 Stop Loss: 4H candle closing below 1.1550 AUDUSD CMP : 0.7179 Composite Strength Meter Suggests : 78% Buy Trend : Strong Buy Entry Levels : CMP, 0.7120 Profit Booking Levels : 0.7220, 0.7280 Stop Loss: 4H candle closing below 0.6970 NZDUSD CMP : 0.6616 Composite Strength Meter Suggests : 74% Buy Trend : Strong Buy Entry Levels : CMP, 0.6560 Profit Booking Levels : 0.6660, 0.6730 Stop Loss: 4H candle closing below 0.6500 GBPUSD CMP : 1.3087 Composite Strength Meter Suggests : 79% Buy Trend : Strong Buy Entry Levels : 1.3035, 1.2985 Profit Booking Levels :  1.3140, 1.3225 Stop Loss: 4H closing below 1.2850 USDJPY CMP : 106.02 Composite Strength Meter Suggests : 64% Sell Trend : Neutral - Mild Sell Entry Levels : Avoid Profit Booking Levels : NA Stop Loss: NA USDCHF CMP : 0.9150 Composite Strength ...
Post a Comment
Read more

Latest Fx Updates

         Forex Market Update 18/08/20 EURUSD CMP : 1.1886 Composite Strength Meter Suggests : 90% Buy Trend : Strong Buy Entry Levels : CMP, 1.1860, 1.1835 Profit Booking Levels : 1.1910, 1.1940 Stop Loss: 4H candle closing below 1.1625 AUDUSD CMP : 0.7214 Composite Strength Meter Suggests : 90% Buy Trend : Strong Buy Entry Levels : CMP, 0.7175,  Profit Booking Levels : 0.7240, 0.7265 Stop Loss: 4H candle closing below 0.6970 NZDUSD CMP : 0.6543 Composite Strength Meter Suggests : 62% Buy Trend : Neutral - Mild Buy Entry Levels : Avoid Profit Booking Levels :NA Stop Loss:  NA GBPUSD CMP : 1.3126 Composite Strength Meter Suggests : 80% Buy Trend : Strong Buy Entry Levels : 1.3100, 1.3075 Profit Booking Levels : 1.3150, 1.3175 Stop Loss: 4H candle closing below 1.2875 USDJPY CMP : 105.65 Composite Strength Meter Suggests : 69% Sell Trend : Neutral - Mild Sell Entry Levels : Avoid Profit Booking Levels : NA Stop Loss: NA USDCHF CMP : 0.9053 Composite...
Post a Comment
Read more

Market Update (22/07/2020)

Today’s Market Update (22/07/2020) Our Proprietary Strength Meter trend suggestion has made our subscribers the most happiest amongst all. Some daring ones were moving with the flow whereas the safe play community says they were helped by not making wrong decision of playing in the wrong direction. Some key takeaways during last few hours ·          Gold, silver surging - silver limit up for Dec futures on the Shanghai Futures Exchange ·          ANZ on the moves in 'non-yielding' assets (gold and silver would fall into that category):The spectre of (government) … stimulus packages has pushed investors back into non-yielding assets like gold. The likelihood of interest rates remaining low for the foreseeable future and a weaker US dollar have really boosted investor appetite. ·          Australia preliminary retail sales for June +2.4% m/m (prior was +16.9%) · ...
Post a Comment
Read more