USDCHF

USDCHF closed @ 10165 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 5 pips from Precise Trader's Sup Zone 5 (U Turn Zone).   The Hourly Oscillators are Bearish but Weak and the price is Below the MA, so CAUTIOUS  approach is needed for the Bears. Hourly Trend is Turning Up while 10095 holds and Daily Trend is Sideways while 10030 holds, so expect the price  to make Lower Lows but the Downside may be limited.  The  Price has closed below the Sup  Zone 1  but bears  gave up mildly  towards the close. The  Hourly  trend is  in a Range trading  but we believe the low may have been seen,10095-30  are the critical levels to watch to maintain the bullish outlook. On the 5 min is  Choppy  but along the Horizontal  Channel  and the price patterns are suggesting the low may have been seen.

BULLS:   10120   10095          BEARS:   10235   10310    

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

Aggressive Traders :  LONG @ the Break      10215   with a tight stop with a 50 pips price target.       

AUDUSD

AUDUSD closed @ 9105 which was ABOVE the open and breached the previous day's high. The High was PRECISELY at Precise Trader's Res Zone 5 (U Turn Zone) and the Low was 15 pips from Precise Trader's Sup Tgt 1.   The Hourly Oscillators are Turning Bearish and the price is Within the MA, so the Bulls have to be CAUTIOUS. Hourly Trend is Sideways Down while 9150 holds and Daily Trend is Sideways while 9335 holds, so expect the price  to make Lower Lows.  The Price has  closed  above the Res  Zone 1 , the bulls gave up mildly  towards the close. The  Hourly is creeping lower but we believe the high may have been seen , the price should not trade above 9120-50  to maintain the bearish outlook. On the 5 min is along the gradual   Down Channel  and the patterns are  suggesting lower while the 9120-9150 is not breached. 

BULLS:   8970   8865          BEARS:   9090   9140    

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

Aggressive Traders :  LONG near      9100   with a tight stop with a 50 pips price target.       

USDCAD

USDCAD closed @ 10630 which was BELOW the open and breached the previous day's low.  The High was PRECISELY at Precise Trader's Res Zone 1 and the Low was 10 pips from Precise Trader's Sup Tgt 1.   The Hourly Oscillators are Turning Bullish and the price is Below the MA, so the Bears have to be CAUTIOUS. Hourly Trend is Turning Up while 10570 holds and Daily Trend is Sideways while 10405 holds, so expect the price  to be Choppy with a Upside bias.   The  Price has  closed  exactly at the  Sup   Zone 1 and  bears  gave up mildly towards  the close . The Hourly is  in a Range trading but we believe the low may have been seen  , the price should not trade below 10595-70  levels to maintain the bullish outlook. On the 5 min is  choppy but along the Horizontal Channel and the price patterns suggesting  higher on the break of 10690 provided the low 10615-10595 is not breached .

BULLS:   10615   10595   10520       BEARS:   10690   10740   10875 

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

Aggressive Traders :  LONG near   10615      with a tight stop with a 50 pips price target.