USDCHF

USDCHF closed @ 10175 which was ABOVE 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 10 pips from Precise Trader's Sup Tgt 1.   The Hourly Oscillators are Turning Bearish and the price is Below the MA, so the Bulls have to be CAUTIOUS. Hourly Trend is Sideways Down while 10210 holds and Daily Trend is also Sideways Down while 10360 holds, so expect the price  to make Lower Lows.  The  Price has closed within  Zone 1  but bulls and bears were Flat towards the close. The Hourly  trend is  creeping lower expect the price to test the prior swing  low of 10030 once 10095 gives way , 10210- 35  are the critical levels to watch to maintain the bearish outlook. On the 5 min is  Choppy  but along the gradual Down  Channel  and the price patterns are suggesting lower lows once 10125-10095 gives way.

BULLS:   10095   10015          BEARS:   10170   10245    

Conservative Traders:  SHORT near   10180   10210   with a tight stop with a 50 pips price target.       

Aggressive Traders :  SHORT @ the Break      10095   with a tight stop with a 50 pips price target.       

AUDUSD

AUDUSD closed @ 9195 which was ABOVE the open and breached the previous day's high. The High was PRECISELY at Precise Trader's Res Tgt 2 and the Low was 5 pips from Precise Trader's Sup Zone 1.   The Hourly Oscillators are Bullish and the price is Below the MA, so the Bears have to be sidelined. Hourly Trend is Sideways Up while 9150 holds and Daily Trend is also Sideways Up while 8905 holds, so expect the price  to make Higher Highs.  The Price has  closed  above  the Res Zone 1 , the bulls were exceptionally strong and holding their gains towards the close. The  Hourly is marching higher expect the price in this manner until it reaches 9335-9475 , the price should not trade below  9135-9075  to maintain the bullish outlook. On the 5 min is along the Up Channel  and the patterns are  suggesting  higher until it test the prior swing how of 9335 level.

BULLS:   9165   9095          BEARS:   9310   9465    

Conservative Traders:  LONG near   9225   9165   with a tight stop with a 50 pips price target.       

Aggressive Traders :  LONG near   9225   9165   with a tight stop and   9310-35   price targets. 

USDCAD

USDCAD closed @ 10755 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 PRECISELY at 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 10785 holds and Daily Trend is Sideways while 10405 holds, so expect the price  to be Choppy with a Downside bias.   The  Price has  closed  well above the Res  Zone 1 and  bulls holding their gains towards  the close . The Hourly is creeping lower expect the price to struggle near 10635-10595 before any significant move down , the price should not trade above 10785-10860   levels to maintain the bearish outlook. On the 5 min is  choppy but along the gradual Down  Channel and the price patterns suggesting lower provided 10635-10595 gives way.

BULLS:   10650   10540          BEARS:   10765   10880    

Conservative Traders:  SHORT near   10725   10785   with a tight stop with a 50 pips price target.       

Aggressive Traders :  SHORT near   10725   10785   with a tight stop and   10635-00   price targets.