EURJPY

EURJPY closed @ 12220 which was BELOW the open and breached the previous day's low. The High was 20 pips from Precise Trader's Res Zone 1 and the Low was 95 pips from Precise Trader's Critical Sup.   The Hourly Oscillators are Bearish and the price is Below the MA, so the Bulls have to be sidelined. Hourly Trend is Corrective Down while 12460 holds and Daily Trend is also Corrective Down while 12550 holds, so expect the price  to be Choppy with a Downside bias.   The Daily Trend plummeted with the Bears holding their gains towards the close .The  Hourly Trend  has been in a Range Trading  with a limited Upside ,12330-12460 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 lower lows are expected but Cautious approach is needed . The Opening price principle suggests the Bulls may gain Strength at least the initial stage. EUR  is Flat  with a mixed bias  and JPY  is Weak , so JPY might  lead  the  EURJPY higher but may be limited.  Non-Farm Payroll is out today.

BULLS:   12250   12150   12085       BEARS:   12360   12460   12500

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

Aggressive Traders :  SHORT near   12360   12460   with a tight stop with a 50 pips price target.      


GBPJPY

GBPJPY closed @ 14025 which was BELOW the open and breached the previous day's low. The High was 5 pips from Precise Trader's Res Zone 1 and the Low was PRECISELY at Precise Trader's Critical Sup.   The Hourly Oscillators are Bearish and the price is Below the MA, so the Bulls have to be sidelined. Hourly Trend is Corrective Down while 14270 holds and Daily Trend is also Corrective Down while 14310 holds, so expect the price  to be Choppy with a Downside bias.   The Daily Trend plummeted with the Bears holding their gains towards the close .The  Hourly Trend  has been in a Range Trading  with a limited Upside ,14190-14270 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 lower lows are expected but Cautious approach is needed . The Opening price principle suggests the Bulls may gain Strength at least the initial stage. GBP  is Flat  with a mixed bias  and JPY  is Weak , so JPY might  lead  the GBPJPY higher but may be limited.  Non-Farm Payroll is out today.

BULLS:   14060   14000   13930       BEARS:   14205   14300   14360

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

Aggressive Traders :  SHORT near   14205   14300   with a tight stop with a 50 pips price target.      


AUDJPY

AUDJPY closed @ 7695 which was BELOW the open and breached the previous day's low.  The High was 15 pips from Precise Trader's Res Zone 1 and the Low was 90 pips from Precise Trader's Sup Zone 5 (U Turn Zone).   The Hourly Oscillators are Bearish and the price is Below the MA, so the Bulls have to be sidelined. Hourly Trend is Corrective Down while 7925 holds and Daily Trend is also Corrective Down while 8075 holds, so expect the price  to be Choppy with a Downside bias.   The Daily Trend plummeted with the Bears holding their gains towards the close .The  Hourly Trend  has been in a Range Trading  with a limited Upside ,7835-7925 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 lower lows are expected but Cautious approach is needed . The Opening price principle suggests the Bulls may gain Strength at least the initial stage. AUD  is Flat  with a mixed bias  and JPY  is Weak , so JPY might  lead  the  AUDJPY higher but may be limited.  Non-Farm Payroll is out today.

BULLS:   7720   7620   7585       BEARS:   7835   7885   7925

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

Aggressive Traders :  SHORT near   7835   7885   with a tight stop with a 50 pips price target.