USDCHF

USDCHF closed @ 10100 which was BELOW 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 20 pips from Precise Trader's Sup Zone 1.   The Hourly Oscillators are Turning Bullish and the price is Above the MA, so the Bears have to be CAUTIOUS. Hourly Trend is Sideways Up while 10045 holds and Daily Trend is Sideways while 10340 holds, so expect the price  to be Choppy with a Upside bias.   The  Price closed below the Sup Zone 1 and  the bears were strong but gave up mildly towards the close .The  Hourly trend is creeping higher and expect an upward pressure to continue , 10075-10050  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:   10110   10075          BEARS:   10145   10175   10225

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 @ 9300 which was UNCHANGED from the open and was within prior day's trading range. The High was PRECISELY at Precise Trader's Res Zone 1 and the Low was 20 pips from Precise Trader's Sup Tgt 1.   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 9340 holds and Daily Trend is Sideways Up while 9085 holds, so expect the price  to make Lower Lows.  The Price closed within  Zone 1 and  the  bears were mildly  strong  towards the close .The  Hourly Trend  is creeping lower expect 9235-9210 as immediate barriers for the bears, 9305-9345 are the critical  levels to watch to maintain  the bearish outlook .  On the 5 min is along the  Down  Channel  and  the price patterns are suggesting lower lows but aware of some pullbacks as there is too many obstacles.

BULLS:   9210   9175          BEARS:   9285   9335   

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

Aggressive Traders :  SHORT near   9280      with a tight stop with a 50 pips price target.      

USDCAD

USDCAD closed @ 10550 which was ABOVE the open and was within prior day's trading range.  The High was 15 pips from Precise Trader's Res Tgt 1 and the Low was 15 pips from Precise Trader's Hrly Level.   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 10485 holds and Daily Trend is Sideways while 10740 holds, so expect the price  to make Higher Highs.  The  Price closed  just above the Res  Zone 1 and  the bulls gave up mildly  towards the close .The  Hourly Trend is  creeping higher  expect the price to continue its upward direction once 10585-10605 barrier is cleared  , 10545-10485   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:   10545   10490          BEARS:   10635   10675   10720

Conservative Traders:  LONG near   10545   10490   with a tight stop with a 50 pips price target.      

Aggressive Traders :  LONG @ the Break   10585      with a tight stop with a 50 pips price target.