Latest Fx Updates

             Forex Market Update 07/10/20

EURUSD CMP : 1.1727
Composite Strength Meter Suggests : 58% Buy
Trend : Neutral 
Entry Levels : Avoid
Profit Booking Levels : NA
Stop Loss: NA

    

AUDUSD CMP : 0.7115

Composite Strength Meter Suggests : 50% Buy

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

NZDUSD CMP : 0.6582

Composite Strength Meter Suggests : 57% Buy

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

GBPUSD CMP : 1.2882

Composite Strength Meter Suggests : 50% Buy

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

USDJPY CMP : 105.66

Composite Strength Meter Suggests : 69% Sell

Trend : Neutral - Mild Sell

Entry Levels : CMP, 105.80

Profit Booking Levels : 105, 104.60

Stop Loss: 1H Candle closing above 106

USDCHF CMP : 0.9180

Composite Strength Meter Suggests : 60% Sell

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

USDCAD CMP : 1.3320

Composite Strength Meter Suggests : 59% Sell

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

XAUUSD CMP : 1879

Composite Strength Meter Suggests : 57% Sell

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

Forex cross pairs

EURGBP CMP : 0.9101

Composite Strength Meter Suggests : 89% Buy

Trend : Strong Buy

Entry Levels : CMP

Profit Booking Levels : 0.9130, 0.9160

Stop Loss: 4H candle closing below 0.9000

EURJPY CMP : 123.92

Composite Strength Meter Suggests : 57% Buy

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

GBPJPY CMP : 136.13

Composite Strength Meter Suggests : 71% Sell

Trend : Strong Sell

Entry Levels : 136.35, 136.50

Profit Booking Levels :135.50

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