EURJPY

EURJPY closed @ 13265 which was BELOW the open and breached the previous day's low. The High was PRECISELY at Precise Trader's Res Zone 1 and the Low was 45 pips from Precise Trader's Sup Tgt 3.   The Hourly Oscillators are Bearish and the price is Below the MA, so the Bulls have to be sidelined. Hourly Trend is Sideways Down while 13410 holds and Daily Trend is Sideways Up while 13090 holds, so expect the price to be Choppy with a Downside bias.  The Price has closed well below the Sup U Turn Zone 5 . EUR is mildly Strong with a Weak bias and JPY is Flat with a Strong bias, so both cross should drag EURJPY lower. The Hourly has been creeping higher after testing the low of 13095, should not trade above 13325-13410 to maintain the bearish outlook . On the 5 min is choppy but along the gradual Down Channel and patterns are not clear in the near future. Coming to First trading day of the Month and Week Cautious approach is needed.  Conservative Traders:  SIDELINED or strictly trade only at Precise Trader's Report Levels.   Aggressive Traders :  SIDELINED or strictly trade only at Precise Trader's Report Levels.

GBPJPY

GBPJPY closed @ 14825 which was BELOW the open and was within prior day's trading range. The High was 5 pips from Precise Trader's Res Zone 1 and the Low was 35 pips from Precise Trader's Sup Zone 10.   The Hourly Oscillators are Bearish but Weak and the price is Below the MA, so CAUTIOUS approach is needed for the Bears. Hourly Trend is Sideways Down while 14975 holds and Daily Trend is Sideways Up while 14540 holds, so expect the price to be Choppy with a Downside bias.  The Price has closed well below the Sup U Turn Zone 5 and the bears were exceptionally strong and holding their gains towards the close. GBP is Flat with a mixed bias and JPY is also Flat with a Strong bias , so both the cross should drag GBPJPY in the direction of the break .The Hourly has been creeping higher after testing the low of 14580 , the price should not trade above 14885-14975 to maintain the bearish outlook . On the 5 min is Choppy and patterns are not clear in the near future. Coming to First trading day of the Month and Week Cautious approach is needed.  Conservative Traders:  SIDELINED or strictly trade only at Precise Trader's Report Levels.   Aggressive Traders :  SIDELINED or strictly trade only at Precise Trader's Report Levels.

AUDJPY

AUDJPY closed @ 8110 which was BELOW the open and was within prior day's trading range. The High was PRECISELY at Precise Trader's Res Zone 1 and the Low was 30 pips from Precise Trader's Sup Zone 5 (U Turn Zone).   The Hourly Oscillators are Bearish and the price is Below the MA, so the Bulls have to be sidelined. Hourly Trend is Sideways Down while 8250 holds and Daily Trend is Sideways Up while 7825 holds, so expect the price to be Choppy with a Downside bias.  The Price has closed well below the Sup U Turn Zone 5. AUD is mildly Strong with a Weak bias and JPY is Flat with a Strong bias, so both the cross should drag AUDJPY in the direction of the break .The Hourly has been creeping higher after testing the low of 7945, the price should not trade above 8220-50 to maintain the bearish outlook. On the 5 min is Choppy and the patterns are not clear in the near future. Coming to First trading day of the Month and Week Cautious approach is needed.  Conservative Traders:  SIDELINED or strictly trade only at Precise Trader's Report Levels.   Aggressive Traders :  SIDELINED or strictly trade only at Precise Trader's Report Levels.