EURJPY

EURJPY closed @ 12640 which was ABOVE the open and was within prior day's trading range. The High was 10 pips from Precise Trader's Res Tgt 1 and the Low was PRECISELY at Precise Trader's Sup Zone 1.   The Hourly Oscillators are Bearish and the price is Within the MA, so the Bulls have to be sidelined. Hourly Trend is Sideways while 12760 holds and Daily Trend is Corrective Down while 12865 holds, so expect the price  to be Choppy with a Downside bias.   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 ,12675-12760 are the critical  levels to watch to maintain the bearish 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. ECB Rate announcement today.

BULLS:   12550   12500   12440       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 @ 14460 which was ABOVE the open and was within prior day's trading range. The High was 15 pips from Precise Trader's Res Tgt 2 and the Low was 15 pips from 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 14580 holds and Daily Trend is also Sideways while 14720 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 ,14530-80 are the critical  levels to watch to maintain the bearish 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. 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. BOE Rate announcement today.

BULLS:   14400   14330   14285       BEARS:   14530   14605   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 @ 8035 which was ABOVE the open and was within prior day's trading range.  The High was 10 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 8120 holds and Daily Trend is also Sideways while 8225 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 , 8060-8120 are the critical  levels to watch to maintain the bearish outlook . On the 5 min is along the gradual Down 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   7925   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