USDCHF

USDCHF closed @ 10580 which was ABOVE the open and breached the previous day's high. The High was 10 pips from Precise Trader's Res Zone 5 (U Turn Zone) and the Low was 20 pips from Precise Trader's Sup Zone 1.   The Hourly Oscillators are MIXED and the price is  the MA, so CAUTIOUS  approach is needed. Hourly Trend is Sideways while 10510 holds and Daily Trend is Corrective Down while 10775 holds, so expect the price to be Choppy and Downside may be limited.  The Daily  Trend  breached the prior Day's High but the Bulls  gave up more than half of their gains towards  the close. The  Hourly Trend  has  been in a Range Trading  with no clear Direction , 10530-10  are the critical  levels to watch to maintain the Bullish  Outlook . On the 5 min is along the gradual Up Channel and the Patterns are suggesting a Choppy Session  with a potential to break higher. The Opening Price Principles  are mixed  so Cautious approach is needed  until the break.

BULLS:   10545   10490   10455       BEARS:   10605   10665   10705

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

Aggressive Traders :  Trade @ the Bulls & Bears Levels Only               

AUDUSD

AUDUSD closed @ 9205 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 5 pips from Precise Trader's Sup Tgt 1.   The Hourly Oscillators are Bearish but Weak and the price is Within the MA, so CAUTIOUS  approach is needed for the Bears. Hourly Trend is Sideways while 9285 holds and Daily Trend is also Sideways while 9070 holds, so expect the price  to be Choppy with a Downside bias.   The Daily Trend was within the Prior Day's Range with the Bears giving up mildly  towards the close. The  Hourly Trend has been in a Range Trading with no Clear Direction ,9250-85 are the critical  levels to watch to maintain  the Bearish Outlook .  On the 5 min is along the gradual Down Channel and  the Patterns are suggesting Choppy Session with a potential to Turn Down soon. The Opening Price Principles are mixed so Cautious approach is needed until the break.

BULLS:   9165   9120   9085       BEARS:   9260   9305   9330

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

Aggressive Traders :  Trade @ the Bulls & Bears Levels Only               

USDCAD

USDCAD closed @ 10140 which was ABOVE the open and was within prior day's trading range.  The High was 5 pips from Precise Trader's Res Zone 1 and the Low was 10 pips from Precise Trader's Sup Zone 1.   The Hourly Oscillators are Bullish and the price is Within the MA, so the Bears have to be sidelined. Hourly Trend is Sideways Up while 10075 holds and Daily Trend is Sideways while 10325 holds, so expect the price  to be Choppy with a Upside bias.   The Daily Trend was within the Prior Day's Range and the Bulls were holding their gains till the close . The  Hourly Trend has been creeping higher and expect it to continue in this manner ,10110-10075  are the critical  levels to watch to maintain  the Bullish Outlook .  On the 5 min is along the gradual Up Channel and  the Patterns are suggesting a Choppy Session with a  potential to break higher . The Opening Price Principles are mixed so Cautious approach is needed until the Break.

BULLS:   10105   10045   9990       BEARS:   10225   10265   10325

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

Aggressive Traders :  LONG @ the Break      10175   with a tight stop with a 50 pips price target.