USDCHF

USDCHF closed @ 10160 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 5 pips from Precise Trader's Sup Zone 1.   The Hourly Oscillators are Bullish and the price is Above the MA, so the Bears have to be sidelined. Hourly Trend is Sideways Up while 10050 holds and Daily Trend is Sideways while 10340 holds, so expect the price  to make Higher Highs.  The  Price closed above the Res  Zone 1 and  the bulls were strong but gave up mildly towards the close .The  Hourly trend is in a  Range trading  with a downside limited to 10050 level , 10110-10050  are the critical  levels to watch to maintain  the bullish outlook .  On the 5 min is choppy but  along the gradual Up  Channel  and  the price patterns are suggesting higher highs .

BULLS:   10135   10085          BEARS:   10205   10240   10285

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

Aggressive Traders :  LONG near   10110   10050   with a tight stop with a 50 pips price target.      


AUDUSD

AUDUSD closed @ 9310 which was BELOW the open and was within prior day's trading range. The High was 15 pips from Precise Trader's Res Zone 1 and the Low was 10 pips from Precise Trader's Hrly Level.   The Hourly Oscillators are Bearish and the price is Below the MA, so the Bulls have to be sidelined. Hourly Trend is Sideways Down while 9405 holds and Daily Trend is Sideways Up while 9130 holds, so expect the price  to make Lower Lows.  The Price closed  below the Sup  Zone 1 and  the  bears were strong but gave up mildly  towards the close .The  Hourly Trend  is in a Range Trading with a downside bias , 9345-9405   are the critical  levels to watch to maintain  the bearish outlook .  On the 5 min is choppy but along the  Down  Channel  and  the price patterns are suggesting lower lows.

BULLS:   9235   9190          BEARS:   9310   9365   

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

Aggressive Traders :  SHORT near   9330      with a tight stop with a 50 pips price target.      

USDCAD

USDCAD closed @ 10515 which was ABOVE the open and was within prior day's trading range.  The High was 15 pips from Precise Trader's Res Zone 5 (U Turn Zone) and the Low was 10 pips from Precise Trader's Sup Zone 1.   The Hourly Oscillators are Bullish but Weak and the price is Within the MA, so CAUTIOUS  approach is needed for the Bulls. Hourly Trend is Sideways Up while 10425 holds and Daily Trend is Sideways while 10740 holds, so expect the price  to be Choppy with a Upside bias.   The  Price closed  just above the Res  Zone 1 and  the bulls gave up most of the gains towards the close .The  Hourly Trend is in a  Range trading with a  Upside  bias  , 10465-25   are the critical  levels to watch to maintain  the bullish outlook .  On the 5 min is along the Up Channel  and  the price patterns are suggesting higher highs.

BULLS:   10510   10450          BEARS:   10580   10650   

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

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