EURJPY

EURJPY closed @ 13500 which was ABOVE 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 PRECISELY at Precise Trader's Sup Zone 5 (U Turn Zone).   The Hourly Oscillators are MIXED and the price is Above the MA, so CAUTIOUS  approach is needed. Hourly Trend is Sideways while 13350 holds and Daily Trend is Sideways Down while 13785 holds, so expect the price  to be Choppy until the breakout happens.  The  Price  has closed  within the  Res  Zone 1  but the bulls and bears were Flat  towards the close . EUR  is  Flat  with a mixed  bias and JPY is  Flat with a mixed bias , so  both cross should hold   EURJPY  quiet until one of the cross breakout .  The  Hourly  trend is in a Range trading expect a choppy session until the breakout happens , the price should not trade below 13445-13350  to maintain the bullish outlook . On the 5 min is  choppy but along the gradual  Up  Channel  and patterns are  suggesting no clear direction until the breakout happens. Non-Farm Payroll is out today.

BULLS:   13395   13260          BEARS:   13530   13670    

Conservative Traders:  SIDELINED or strictly trade only at Precise Trader's Report Levels.                

Aggressive Traders :  LONG near   13395   13540   with a tight stop with a 50 pips price target.       

GBPJPY

GBPJPY closed @ 15050 which was ABOVE 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 20 pips from Precise Trader's Sup Zone 5 (U Turn Zone).   The Hourly Oscillators are Bullish but Weak and the price is Above the MA, so CAUTIOUS  approach is needed for the Bulls. Hourly Trend is Sideways while 14880 holds and Daily Trend is Sideways Down while 15330 holds, so expect the price  to be Choppy with a Upside bias.   The  Price  has closed  within  Zone 1 and the bulls gaining  mildly  towards  the  close. GBP is Flat with a  mixed bias and JPY is mixed bias , so both the cross  should  hold  GBPJPY  quiet until one of the cross breakout .The  Hourly  trend is in a Range trading until the breakout happens ,  the price should not trade below 14990-14880  to maintain the bullish outlook . On the 5 min is along the Up Channel  and  patterns  are suggesting  no clear direction until the breakout . Non-Farm Payroll is out today.

BULLS:   14925   14760          BEARS:   15130   15240    

Conservative Traders:  SIDELINED or strictly trade only at Precise Trader's Report Levels.                

Aggressive Traders :  LONG near   14925   15140   with a tight stop with a 50 pips price target.       

AUDJPY

AUDJPY closed @ 8260 which was UNCHANGED from 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 PRECISELY at Precise Trader's Sup Zone 5 (U Turn Zone).   The Hourly Oscillators are Bullish but Weak and the price is Above the MA, so CAUTIOUS  approach is needed for the Bulls. Hourly Trend is Sideways while 8145 holds and Daily Trend is Sideways Down while 8530 holds, so expect the price  to be Choppy with a Upside bias.   The Price has  closed within  Zone 1 ,the  bulls and bears were Flat  towards the close . AUD  is Flat  with a strong bias  and JPY  is in a mixed bias   , so AUD  should  drag AUDJPY  higher or remain quiet. .The  Hourly  trend is in a Range trading until the breakout happens ,  the price should not trade below 8235-8145  to maintain the bullish outlook . On the 5 min is along the Up Channel  and  patterns  are suggesting  no clear direction until the breakout . Non-Farm Payroll is out today.

BULLS:   8185   8085          BEARS:   8315   8395    

Conservative Traders:  SIDELINED or strictly trade only at Precise Trader's Report Levels.                

Aggressive Traders :  LONG near   8185   8320   with a tight stop with a 50 pips price target.