EURJPY

EURJPY closed @ 13250 which was BELOW the open and was within prior day's trading range. The High was 10 pips from Precise Trader's Res Zone 1 and the Low was PRECISELY at 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 13370 holds and Daily Trend is also Sideways while 13600 holds, so expect the price  to be Choppy until the breakout happens.  The  Price  has closed below the Sup  Zone 1  and the  bears  were strong but gave up mildly 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  one of  the crosses breakout of the range .  The  Hourly  Trend is  in a Range Trading  but expect  a choppy session , the price should not trade above 13305-70 to maintain the bearish outlook . On the 5 min is choppy and along the Horizontal  Channel  and patterns are  suggesting no clear direction in the near future.

BULLS:   13175   13125          BEARS:   13305   13375   

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

Aggressive Traders :  Trade @ the Bulls & Bears Levels Only               


GBPJPY

GBPJPY closed @ 14685 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 PRECISELY at Precise Trader's Sup Zone 5 (U Turn Zone).   The Hourly Oscillators are MIXED and the price is Below the MA, so CAUTIOUS  approach is needed. Hourly Trend is Sideways while 14810 holds and Daily Trend is also Sideways while 15175 holds, so expect the price  to be Choppy until the breakout happens.  The  Price  has closed  below the Sup  Zone 1 and the  bears  were strong but gave up mildly towards the close . GBP  is Flat with a mixed bias and JPY is also  Flat with a mixed bias , so both the cross should  lead  the  GBPJPY  nowhere until the breakout happens on one of the cross .  The  Hourly  Trend is  in a Range Trading and expect a choppy session until the breakout, the price should not trade above 14740-14810  to maintain the bearish outlook . On the 5 min is  choppy and along the Horizontal Channel  and patterns are  suggesting no clear direction in the near future.

BULLS:   14625   14540          BEARS:   14740   14820   

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

Aggressive Traders :  Trade @ the Bulls & Bears Levels Only               


AUDJPY

AUDJPY closed @ 8140 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 PRECISELY at Precise Trader's Sup Zone 5 (U Turn Zone).   The Hourly Oscillators are Turning Bullish and the price is Within the MA, so the Bears have to be CAUTIOUS. Hourly Trend is Sideways while 8265 holds and Daily Trend is also Sideways while 8425 holds, so expect the price  to be Choppy with a Upside bias.   The Price  has closed below the Sup  Zone 1 and the  bears  were strong but gave up mildly towards the close . AUD  is strong  and JPY is  Flat with a mixed bias ,so AUD should  lead  the  AUDJPY higher but the upside may be limited .  The  Hourly  Trend is creeping higher but expect a choppy session, the price should not trade above 8240-65  to  maintain the bearish outlook . On the 5 min is  choppy  but along the  Up  Channel  and patterns are  suggesting to test the 8240-65  mark but 8200 is immediate barriers for the bulls.

BULLS:   8120   8035          BEARS:   8250   8285   8350

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

Aggressive Traders :  Trade @ the Bulls & Bears Levels Only