EURJPY

EURJPY closed @ 13495 which was ABOVE the open and was within prior day's trading range. The High was 5 pips from Precise Trader's Res Zone 5 (U Turn Zone) and the Low was PRECISELY at Precise Trader's Hrly Level.   The Hourly Oscillators are MIXED and the price is Within the MA, so CAUTIOUS  approach is needed. Hourly Trend is Sideways while 13575 holds and Daily Trend is also Sideways while 13785 holds, so expect the price  to be Choppy until the breakout happens.  The  Price  has closed  exactly at the Res  U Turn  Zone 5  and the bulls were holding their gains towards the close . EUR  is  Flat  with a mixed bias  and JPY is  also  Flat with a mixed bias , so   both  the crosses should  lead  the  EURJPY  nowhere until there is a break .  The  Hourly  trend is  in a Range trading expect a choppy session until there is a breakout, the price should not trade above 13575-13635  to maintain the bearish outlook . On the 5 min is choppy and along the Horizontal  Channel  and patterns are  suggesting no clear direction until the breakout happens.

BULLS:   13460   13405          BEARS:   13565   13635    

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 @ 15075 which was ABOVE the open and was within prior day's trading range. The High was 30 pips from Precise Trader's Res Tgt 1 and the Low was PRECISELY at Precise Trader's Sup Zone 1.   The Hourly Oscillators are MIXED and the price is Within the MA, so CAUTIOUS  approach is needed. Hourly Trend is Sideways while 15190 holds and Daily Trend is also Sideways while 15415 holds, so expect the price  to be Choppy until the breakout happens.  The  Price  has closed  near the Res U Turn  Zone 5 and the bulls  gave some of the gains  towards  the  close. GBP is Flat with a mixed bias  and JPY is  also Flat  with a mixed bias , so both the crosses should lead   GBPJPY  nowhere until there is a break .The  Hourly  trend is in a Range trading expect a choppy session until the breakout  ,  the price should not trade above 15165-90   to maintain the bearish outlook . On the 5 min is along the Horizontal  Channel and patterns are suggesting no clear direction until the breakout.

BULLS:   14970   14865          BEARS:   15110   15195    

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 @ 8365 which was ABOVE the open and breached the previous day's high.  The High was PRECISELY at Precise Trader's Res Zone 5 (U Turn Zone) and the Low was PRECISELY at Precise Trader's Sup Zone 1.   The Hourly Oscillators are MIXED and the price is Above the MA, so CAUTIOUS  approach is needed. Hourly Trend is Sideways while 8480 holds and Daily Trend is also Sideways while 8560 holds, so expect the price  to be Choppy until the breakout happens.  The Price has  closed  near the Res U Turn  Zone 5 and the  bulls holding their gains  towards the close . AUD  is  Flat with a mixed bias and JPY  is also Flat with a mixed bias   , so both the crosses should lead  AUDJPY  nowhere until there is a break  .The  Hourly  trend is in a Range trading and expect a choppy session until there is a breakout ,  the price should not trade above 8410-80  to maintain the bearish outlook . On the 5 min is along the Up Channel  and  patterns  are suggesting no clear direction until there is a break.

BULLS:   8285   8175          BEARS:   8395   8505    

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.