Forex Market Update 08/12/20 EURUSD CMP : 1.2115 Aman Strength Meter Suggests : 80% Buy Trend : Strong Buy Entry Levels : CMP, 1.2080 Profit Booking Levels : 1.2200, 1.2300 Stop Loss: 4 H Candle closing below 1.1985 AUDUSD CMP : 0.7422 Aman Strength Meter Suggests : 100% Buy Trend : Strong Buy Entry Levels : CMP, 0.7360 Profit Booking Levels : 0.7470, 0.7515 Stop Loss: 4 H Candle closing below 0.7320 NZDUSD CMP : 0.7033 Aman Strength Meter Suggests : 90% Buy Trend : Strong Buy Entry Levels : CMP, 0.7000 Profit Booking Levels : 0.7090, 0.7145 Stop Loss: 4 H Candle closing below 0.6960 GBPUSD CMP : 1.3351 Aman Strength Meter Suggests : 70% Buy Trend : Strong Buy Entry Levels : CMP, 1.3300 Profit Booking Levels : 1.3520, 1.3680 Stop Loss: 4 H Candle closing below 1.3180 USDJPY CMP : 104.02 Aman Strength Meter Suggests : 90% Sell Trend : Strong Sell Entry Levels : CMP, 104.35 Profit Booking Levels : 103.50, 103.30 Stop Loss: 4H Candle closing above 105.10 USDCHF
The AMAN is a little-known yet highly reliable indicator. The Team invented AMAN to act as a market tool rather than as a trading indicator. But whatever it's used for, whether it is called a tool or indicator. It is quite a fascinating instrument invented by market technicians that followed and studied markets for nearly 16 years. Working within the context of familiar moving averages, oscillators, price action strategies throughout the 2000s.