Latest Fx Updates

              Forex Market Update 09/10/20

EURUSD CMP : 1.1777
Composite Strength Meter Suggests : 64% Buy
Trend : Neutral - Mild Buy 
Entry Levels : 1.1760
Profit Booking Levels : 1.1800, 1.1830
Stop Loss: 1H Candle closing below 1.1700

    

AUDUSD CMP : 0.7181

Composite Strength Meter Suggests : 63% Buy

Trend : Neutral - Mild Buy
Entry Levels : 0.7150-0.7160
Profit Booking Levels : 0.7200-0.7225
Stop Loss: 1H Candle closing below 0.7100

NZDUSD CMP : 0.6606

Composite Strength Meter Suggests : 50% Buy

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

GBPUSD CMP : 1.2956

Composite Strength Meter Suggests : 52% Buy

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

USDJPY CMP : 105.82

Composite Strength Meter Suggests : 61% Sell

Trend : Neutral - Mild Sell

Entry Levels : CMP

Profit Booking Levels : 105.60

Stop Loss: 1H Candle closing above 106

USDCHF CMP : 0.9151

Composite Strength Meter Suggests : 59% Sell

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

USDCAD CMP : 1.3182

Composite Strength Meter Suggests : 75% Sell

Trend : Strong Sell
Entry Levels : 1.3200
Profit Booking Levels : 1.3150
Stop Loss: 1H Candle closing above 1.3275

XAUUSD CMP : 1911

Composite Strength Meter Suggests : 58% Buy

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

Forex cross pairs

EURGBP CMP : 0.9090

Composite Strength Meter Suggests : 79% Buy

Trend : Strong Buy

Entry Levels : CMP

Profit Booking Levels : 0.9115, 0.9145

Stop Loss: 4H candle closing below 0.9000

EURJPY CMP : 124.65

Composite Strength Meter Suggests : 69% Buy

Trend : Strong Buy 
Entry Levels : CMP
Profit Booking Levels : 125, 125.20
Stop Loss: 1H Candle closing below 124

GBPJPY CMP : 137.11

Composite Strength Meter Suggests : 63% Sell

Trend : Mild Sell

Entry Levels : CMP

Profit Booking Levels :136

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