EURJPY

EURJPY closed @ 13470 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 20 pips from Precise Trader's Sup Tgt 1.   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  within  Zone 1  and the bears  were mildly strong  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 13575-13615  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:   13370   13325          BEARS:   13475   13535    

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 @ 15045 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 5 pips from Precise Trader's Sup Tgt 3.   The Hourly Oscillators are MIXED and the price is Within the MA, so CAUTIOUS  approach is needed. Hourly Trend is Sideways while 15150 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 exactly at the Sup Zone 1 and the bears gained mildly  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 15110-50  to maintain the bearish outlook . On the 5 min is along the gradual Down  Channel and patterns are suggesting no clear direction until the breakout.

BULLS:   14925   14830          BEARS:   15025   15125    

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 @ 8360 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 10 pips from Precise Trader's Sup Tgt 1.   The Hourly Oscillators are MIXED and the price is Within the MA, so CAUTIOUS  approach is needed. Hourly Trend is Sideways while 8420 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  within   Zone 1 and the  bulls and bears were Flat  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 8390-8420  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:   8280   8200          BEARS:   8360   8410    

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.