USDCHF


USDCHF closed @ 10735 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 PRECISELY at Precise Trader's Sup Tgt 2.   The Hourly Oscillators are MIXED and the price is Below the MA, so CAUTIOUS  approach is needed. Hourly Trend is Sideways while 10850 holds and Daily Trend is also Sideways while 10545 holds, so expect the price  to be Choppy until the breakout happens.  The Daily Trend  was within prior  few day's Range with the Bears giving up  marginally towards the close. The  Hourly Trend has been  in a Range Trading  and expect a Choppy session until the break,10830-50 are the critical  levels to watch to maintain  the bearish outlook .  On the 5 min is along the Horizontal Channel and  the price patterns are suggesting no clear direction. The Opening price principles  are mixed so Cautious approach is needed.

BULLS:   10685   10650   10605       BEARS:   10805   10860   10930

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

Aggressive Traders :  Trade @ the Bulls & Bears Levels Only               


AUDUSD

AUDUSD closed @ 8955 which was ABOVE the open and was within prior day's trading range. The High was PRECISELY at Precise Trader's Hrly Level and the Low was PRECISELY at Precise Trader's Sup Zone 1.   The Hourly Oscillators are Bullish but Weak and the price is Above the MA, so CAUTIOUS  approach is needed for the Bulls. Hourly Trend is Sideways while 9025 holds and Daily Trend is also Sideways while 9075 holds, so expect the price to be Choppy and Upside may be limited.  The Daily Trend  was within  prior day's Range but  the Bulls gave up mildly  towards the close. The  Hourly Trend has been in a Range Trading and expect a Choppy Session as the price has reached critical level ,9025-75  are the critical  levels to watch to maintain  the bearish outlook .  On the 5 min is along the gradual  Up  Channel and  the price patterns are suggesting a reverse down soon is expected. The Opening price principles  AUD is strong against most Crosses so the Bears have to be Cautious.

BULLS:   8900   8840   8775       BEARS:   9025   9075   9140

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

Aggressive Traders :  Trade @ the Bulls & Bears Levels Only               


USDCAD

USDCAD closed @ 10515 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 PRECISELY at Precise Trader's Sup Tgt 2.   The Hourly Oscillators are MIXED and the price is Within the MA, so CAUTIOUS  approach is needed. Hourly Trend is Sideways while 10580 holds and Daily Trend is also Sideways while 10430 holds, so expect the price  to be Choppy until the breakout happens.  The Daily Trend was within  prior day's Range with the Bears holding their gains till  the close. The  Hourly Trend has been in a Range Trading  and expect a Choppy session until the Break ,10565-80  are the critical  levels to watch to maintain  the bearish outlook .  On the 5 min is along the Horizontal Channel and  the price patterns are suggesting no clear direction until the break. The Opening price principles are mixed so Cautious approach is needed.

BULLS:   10480   10390   10345       BEARS:   10565   10620   10665

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

Aggressive Traders :  Trade @ the Bulls & Bears Levels Only