USDCHF

USDCHF closed @ 10185 which was ABOVE the open and was within prior day's trading range. The High was PRECISELY at Precise Trader's Res Tgt 2 and the Low was 15 pips from Precise Trader's Sup Zone 1.   The Hourly Oscillators are MIXED and the price is Within the MA, so CAUTIOUS  approach is needed. Hourly Trend is Sideways Up while 10060 holds and Daily Trend is Sideways while 10340 holds, so expect the price  to be Choppy until the breakout happens.  The  Price closed above  the Res  Zone 1 and  the bulls were strong but gave up mildly towards the close .The  Hourly trend is creeping lower but the downside may be limited, 10060-35  are the critical  levels to watch to maintain  the bullish outlook .  On the 5 min is choppy but  along the gradual  Down  Channel  and  the price patterns are suggesting a Range trading is expected until it breakout of the range.

BULLS:   10070   10000          BEARS:   10195   10260   

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

Aggressive Traders :  LONG near   10095   10065   with a tight stop with a 50 pips price target.      


AUDUSD

AUDUSD closed @ 9150 which was BELOW 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 10 pips from Precise Trader's Sup Zone 5 (U Turn Zone).   The Hourly Oscillators are Turning Bullish and the price is Within the MA, so the Bears have to be CAUTIOUS. Hourly Trend is Sideways Down while 9330 holds and Daily Trend is Sideways Up while 9025 holds, so expect the price to be Choppy and Upside may be limited.  The Price closed  below the Sup  Zone 1 and  the  bears were very strong but gave up most of the gains  towards the close .The  Hourly Trend  is creeping higher but the upside may be limited, 9270-9330  are the critical  levels to watch to maintain  the bearish outlook .  On the 5 min is along the Up  Channel  and  the price patterns are suggesting  the upside may be limited.

BULLS:   9135   9080          BEARS:   9245   9275   9360

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

Aggressive Traders :  SHORT near   9275   9360   with a tight stop with a 50 pips price target.      


USDCAD

USDCAD closed @ 10710 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 PRECISELY at Precise Trader's Sup Zone 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 Up while 10520 holds and Daily Trend is Sideways while 10875 holds, so expect the price to be Choppy and Downside may be limited.  The  Price closed above the Res  Zone 1 and  the bulls were strong but gave up mildly  towards the close .The  Hourly Trend is creeping lower but expect the downside to be limited , 10590-20 are the critical  levels to watch to maintain  the bullish outlook .  On the 5 min is along the Down Channel  and  the price patterns are suggesting  the downside to be limited to 10590- 10520 levels.

BULLS:   10575   10525          BEARS:   10705   10775   

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

Aggressive Traders :  LONG near   10590   10520   with a tight stop with a 50 pips price target.