USDCHF

USDCHF closed @ 10125 which was BELOW 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 PRECISELY at 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 while 10160 holds and Daily Trend is Sideways Down while 10365 holds, so expect the Price to be Choppy until the Breakout.  The  Daily Trend  is still Bearish but is in a  Range Trading and  the Bears gained Mildly towards the Close which signifies a Choppy Session  until the break . The MA is suggesting that the Bears are still in Control but Weak and  the Oscillators are suggesting  Bearish but Weak. The Hourly Trend has been in a Range Trading with no Clear Direction and the Patterns are suggesting a Choppy Session  until the break ,10160-80 are the Critical  levels to watch to maintain the Bearish Outlook. The Opening Price Principles are Mixed , so  Cautious approach is needed until the price breaks out of Zone 1 levels.


BULLS:   10070   10000   9925       BEARS:   10160   10240   10310


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

            

AUDUSD

AUDUSD closed @ 9175 which was UNCHANGED from 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 PRECISELY at Precise Trader's Sup Zone 1.   The Hourly Oscillators are MIXED and the Price is Above the MA, so CAUTIOUS  approach is needed. Hourly Trend is Sideways while 9110 holds and Daily Trend is Sideways Up while 9000 holds, so expect the Price to be Choppy until the Breakout.  The  Daily Trend  is still Bullish but may get a pullback but the Bulls gave up mildly towards the Close which signifies some Weakness in the First half of the Day . The MA is suggesting that the Bulls are still in Control  but the Oscillators are suggesting we may see a pullback. The Hourly Trend has been in a Range Trading with no clear direction and the Patterns are suggesting a Choppy session until the Break ,9130-10 are the Critical  levels to watch to maintain the Bullish Outlook. The Opening Price Principles are Mixed , so  Cautious approach is needed until the price breaks out of Zone 1 levels.


BULLS:   9110   9000   8925       BEARS:   9225   9285   9330


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

              

USDCAD

USDCAD closed @ 10355 which was BELOW the open and breached the previous day's low.  The High was PRECISELY at Precise Trader's Res Zone 1 and the Low was 15 pips from Precise Trader's Sup Zone 1.   The Hourly Oscillators are Bearish but Oversold and the Price is Below the MA, so CAUTIOUS  approach is needed for the Bears. Hourly Trend is Sideways while 10420 holds and Daily Trend is also Sideways while 10675 holds, so expect the Price to be Choppy until the Breakout.  The Daily Trend  is Bearish and  the Bears were holding till the Close which signifies some more Weakness .The MA is suggesting that the Bears are in Control but Weakening but the Oscillators are suggesting the same. The Hourly Trend has been in a Range Trading with no Clear Direction and the Patterns are suggesting  a Choppy session until the break ,10405-20 are the Critical  levels to watch to maintain the Bearish Outlook. The Opening Price Principles are Mixed , so  Cautious approach is needed until the price breaks out of Zone 1 levels.


BULLS:   10275   10225   10175       BEARS:   10420   10480   10545


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

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