USDCHF

USDCHF closed @ 10115 which was UNCHANGED from 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 5 pips from Precise Trader's Sup Tgt 1.   The Hourly Oscillators are MIXED and the Price is Within the MA, so CAUTIOUS  approach is needed. Hourly Trend is Sideways while 10185 holds and Daily Trend is also Sideways while 10365 holds, so expect the Price to be Choppy until the Breakout.  The  Daily Trend  is Mixed and  the Price Closed unchanged towards the Close which signifies a Choppy Session  until the break . The MA is suggesting a Choppy Session  and  the Oscillators are suggesting  the same with some Strength. The Hourly Trend has been in a Range Trading with no Clear Direction and the Patterns are suggesting a Choppy Session  until the break ,10165-85 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:   10055   10000   9950       BEARS:   10185   10210   10260


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

               

AUDUSD

AUDUSD closed @ 9180 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 Bullish and the Price is Above the MA, so the Bears have to be Sidelined. Hourly Trend is Sideways Up while 9100 holds and Daily Trend is also Sideways Up while 8985 holds, so expect the Price to be Choppy with a  potential to Break Higher.  The  Daily Trend  is still Bullish and was within  Range Trading  but the Bulls  gained  which signifies some more Strength . The MA is suggesting  more Upside Bias and the Oscillators are suggesting the same. The Hourly Trend has just broke out of  Range Trading  and the Patterns are suggesting that the Bulls may test the 9250-9300 levels  ,9150-00 are the Critical  levels to watch to maintain the Bullish Outlook. The Opening Price Principles are suggesting that AUD is Strong against three Crosses so Cautious approach is needed for the Bulls.


BULLS:   9160   9100   9060       BEARS:   9250   9300   9350


Today's Strategies:  LONG near   9160   9100   with a tight stop with a 50 pips price target.      

USDCAD

USDCAD closed @ 10375 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 5 pips from Precise Trader's Sup Zone 5 (U Turn Zone).   The Hourly Oscillators are Bearish and the Price is Below the MA, so the Bulls have to be Sidelined. Hourly Trend is Sideways while 10450 holds and Daily Trend is also Sideways while 10675 holds, so expect the Price to be Choppy until the Breakout.  The Daily Trend  is Mixed and  the Bears gained aggressively towards the Close which signifies a Choppy session until the break .The MA is suggesting a Choppy session with a Bearish Bias and  the Oscillators are suggesting the same. The Hourly Trend has been in a Range Trading  and the Patterns are suggesting  a Choppy session with a potential to break Lower but should be limited  ,10425-50 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:   10330   10260   10185       BEARS:   10430   10485   10545


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

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