EURJPY

EURJPY closed @ 12620 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 1.   The Hourly Oscillators are MIXED and the price is Within the MA, so CAUTIOUS  approach is needed. Hourly Trend is Sideways while 12480 holds and Daily Trend is Corrective Down while 12865 holds, so expect the price  to be Choppy until the breakout happens.  The Daily Trend was within prior day's Trading range .The  Hourly Trend  has been in a Range Trading  so expect a choppy session until the breakout ,12550-12480 are the critical  levels to watch to maintain the bullish outlook . On the 5 min is along the Horizontal  Channel and  the  patterns are suggesting no clear direction . The Opening price principle are mixed so Cautious approach is needed. EUR  is Flat  with a mixed bias  and JPY  is also Flat with a mixed bias , so both the cross might  lead  the  EURJPY nowhere until one of the cross breaks out of the Range.

BULLS:   12550   12480          BEARS:   12660   12710   12760

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

Aggressive Traders :  Trade @ the Bulls & Bears Levels Only               


GBPJPY

GBPJPY closed @ 14435 which was BELOW the open and was within prior day's trading range. The High was PRECISELY at Precise Trader's Res Tgt 1 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 14350 holds and Daily Trend is also Sideways while 14800 holds, so expect the price  to be Choppy until the breakout happens.  The Daily Trend was within prior day's Trading range .The  Hourly Trend  has been in a Range Trading  so expect a choppy session until the breakout ,14400-14350 are the critical  levels to watch to maintain the bullish outlook . On the 5 min is along the gradual Up  Channel and  the  patterns are suggesting no clear direction . The Opening price principle are mixed so Cautious approach is needed. GBP  is Flat  with a mixed bias  and JPY  is also Flat with a mixed bias , so both the cross might  lead  the  GBPJPY nowhere until one of the cross breaks out of the Range.

BULLS:   14425   14330   14285       BEARS:   14510   14585   14665

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

Aggressive Traders :  Trade @ the Bulls & Bears Levels Only               


AUDJPY

AUDJPY closed @ 8010 which was BELOW the open and was within prior day's trading range.  The High was PRECISELY at Precise Trader's Res Tgt 1 and the Low was 5 pips from Precise Trader's Sup Tgt 2.   The Hourly Oscillators are MIXED and the price is Below the MA, so CAUTIOUS  approach is needed. Hourly Trend is Sideways while 8120 holds and Daily Trend is also Sideways while 8295 holds, so expect the price to be Choppy and Downside may be limited.  The Daily Trend was within prior day's Trading range .The  Hourly Trend  has been in a Range Trading  so expect a choppy session until the breakout , 8050-8120 are the critical  levels to watch to maintain the bearish outlook . On the 5 min is along the gradual Up Channel and  the  patterns are suggesting no clear direction . The Opening price principle are mixed so Cautious approach is needed. AUD  is Flat  with a mixed bias  and JPY  is also Flat with a mixed bias , so both the cross might  lead  the  AUDJPY nowhere until one of the cross breaks out of the Range.

BULLS:   7960   7890          BEARS:   8065   8120   

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

Aggressive Traders :  Trade @ the Bulls & Bears Levels Only