EURJPY

EURJPY closed @ 13420 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 2.   The Hourly Oscillators are MIXED and the price is Within the MA, so CAUTIOUS  approach is needed. Hourly Trend is Sideways while 13580 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 Sup  Zone 1  and the  bears were mildly strong  towards the close . EUR  is  Flat  with a weak  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 Down  Channel  and patterns are  suggesting no clear direction until the breakout happens.

BULLS:   13365   13325          BEARS:   13480   13540   13580 

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 @ 14985 which was ABOVE the open and was within prior day's trading range. The High was PRECISELY at Precise Trader's Res Tgt 2 and the Low was 5 pips from Precise Trader's Sup Tgt 1.   The Hourly Oscillators are Bullish but Weak and the price is Within the MA, so CAUTIOUS  approach is needed for the Bulls. Hourly Trend is Sideways while 15080 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 the Res  Zone 1 and the bulls  holding their 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 15045-80  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:   14905   14865   14825       BEARS:   15025   15080   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 @ 8345 which was UNCHANGED from the open and was within prior day's trading range.  The High was 10 pips from Precise Trader's Hrly Level and the Low was PRECISELY at 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 8445 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 weak 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 8390-8445  to maintain the bearish outlook . On the 5 min is along the gradual Down  Channel  and  patterns  are suggesting no clear direction until there is a break.

BULLS:   8320   8270          BEARS:   8400   8445    

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.