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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

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