Latest Fx Major Updates

                 Forex Market Update 10/11/20

EURUSD CMP : 1.1828
Composite Strength Meter Suggests : 74% Buy
Trend : Strong Buy 
Entry Levels : CMP, 1.1750
Profit Booking Levels : 1.1960
Stop Loss: 4H Candle closing below 1.1600

    

AUDUSD CMP : 0.7277

Composite Strength Meter Suggests : 89% Buy

Trend : Strong Buy
Entry Levels : CMP, 0.7230
Profit Booking Levels : 0.7400
Stop Loss: 4H Candle closing below 0.7000

NZDUSD CMP : 0.6830

Composite Strength Meter Suggests : 91% Buy

Trend : Strong Buy 
Entry Levels : CMP, 0.6750
Profit Booking Levels : 0.6900
Stop Loss: 4H Candle closing below 0.6600

GBPUSD CMP : 1.3182

Composite Strength Meter Suggests : 79% Buy

Trend : Strong Buy 
Entry Levels : 1.3150, 1.3100
Profit Booking Levels : 1.3300, 1.3400
Stop Loss: 4H Candle closing below 1.2900

USDJPY CMP : 104.85

Composite Strength Meter Suggests : 57% Sell

Trend : Range Bound

Selling Levels : 105, 105.50

Buying Levels : 104, 103.70

Stop Loss: 1H Candle closing below 102.25

USDCHF CMP : 0.9120

Composite Strength Meter Suggests : 64% Sell

Trend : Range Bound

Selling Levels : 0.9150, 0.9180

Buying Levels : 0.9080, 0.9020

Stop Loss: 1H Candle closing below 0.8950

USDCAD CMP : 1.3011

Composite Strength Meter Suggests : 90% Sell

Trend : Strong Sell
Entry Levels : CMP, 1.3080
Profit Booking Levels : 1.2860
Stop Loss: 4H Candle closing above 1.3330

XAUUSD CMP : 1880

Composite Strength Meter Suggests : 52% Buy

Trend : Range Bound

Selling Levels : 1920, 1940

Buying Levels : CMP, 1850

Stop Loss: Daily closing below 1811

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