USDCHF

USDCHF closed @ 10410 which was BELOW the open and breached the previous day's low. The High was 10 pips from Precise Trader's Res Zone 1 and the Low was 10 pips from Precise Trader's Dly Level.   The Hourly Oscillators are Bearish and the Price is Below the MA, so the Bulls have to be Sidelined. Hourly Trend is Turning Up while 10285 holds and Daily Trend is Limited Down while 10675 holds, so expect the Price  to Turn Up Soon, so the Bears may stay Sidelined and the Bulls get ready to pull the Trigger.  The Daily  Trend Plunged below the Prior Day's Open and the Bears gave up mildly towards the Close . The  Hourly Trend  has been in a Range Trading with a Limited Downside Bias, 10460-10515 are the Critical  levels to watch to maintain the Bearish Outlook . On the 5 min is along the Horizontal Channel and the Patterns are suggesting a Choppy session  with a potential to Turn Up Soon. The Opening Price Principles  are Mixed , so  Cautious approach is needed until the price breaks out of Zone 1 levels.


BULLS:   10360   10285   10205       BEARS:   10460   10525   10585


Today's Strategies:  Trade @ the Bulls & Bears Levels Only.  

             

AUDUSD

AUDUSD closed @ 9005 which was ABOVE the open and was within prior day's trading range. The High was PRECISELY at Precise Trader's Res Zone 5 (U Turn Zone) 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 Limited Up while 8900 holds and Daily Trend is also Limited Up while 8795 holds, so expect the Price to have a Minimum Upside and the Bulls have to be Cautious.  The Daily  Trend was within  the Prior Day's  Range but the Bulls gave up mildly towards the Close . The  Hourly Trend has been in a Range Trading with a Limited Upside Bias, 8960-00 are the Critical  levels to watch to maintain the Bullish Outlook . On the 5 min is along the Horizontal Channel and the Patterns are suggesting a Choppy Session with a Potential to Turn Down soon. The Opening Price Principles  are Mixed , so  Cautious approach is needed until the price breaks out of Zone 1 levels. 


BULLS:   8960   8885   8805       BEARS:   9035   9105   9165


Today's Strategies:  Trade @ the Bulls & Bears Levels Only.

               

USDCAD

USDCAD closed @ 10370 which was BELOW the open and was within prior day's trading range.  The High was 20 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 10285 holds and Daily Trend is also Sideways while 10585 holds, so expect the Price to be Choppy until the Breakout.  The Daily  Trend was within the Prior Day's Range but the Bears gave up most of their gains towards the Close . The  Hourly Trend  has been in a Range Trading with a Limited  Downside Bias,10320-10285 are the Critical  levels to watch to maintain the Bullish Outlook . On the 5 min is along the Horizontal Channel and the Patterns are suggesting a Choppy session with a potential to Turn Up soon. The Opening Price Principles are Mixed , so  Cautious approach is needed until the price breaks out of Zone 1 levels.


BULLS:   10315   10240   10175       BEARS:   10405   10465   10515


Today's Strategies:  Trade @ the Bulls Levels Only.               

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