EURUSD

EURUSD closed @ 14875 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 Tgt 1.   The Hourly Oscillators are MIXED and the price is Above the MA, so CAUTIOUS  approach is needed. Hourly Trend is Sideways while 14805 holds and Daily Trend is also Sideways while 15065 holds, so expect the price  to be Choppy until the breakout happens.  The Price  closed within the  Res  Zone 1  but the bulls  and bears were almost Flat  towards the close .The  Hourly trend is  in a Range trading and bulls tested the 14925 twice and failed , 14805-14760 are the critical  levels to watch to maintain  the bullish outlook . 14925 is the price to watch vigilantly fro the break either side can be drastic. On the 5 min is Choppy  , along the gradual Up Channel and  the price patterns are mixed until the breakout happens. Non-Farm Payroll is out today.

BULLS:   14795   14760   14700       BEARS:   14925   14990   15025 

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

Aggressive Traders :  LONG @ the Break      14925   with a tight stop with a 50 pips price target.       

GBPUSD

GBPUSD closed @ 16585 which was ABOVE the open and was within prior day's trading range. The High was 15 pips from Precise Trader's Res Tgt 2 and the Low was 15 pips from Precise Trader's Sup Tgt 2.   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 16465 holds and Daily Trend is also Sideways while 16790 holds, so expect the price  to be Choppy with a Upside bias.   The  Price closed within  Zone 1 but the bulls gained mildly towards the close. The Hourly is in a Range trading and the bulls are struggling to hold above 16625 barrier , 16520-16465  are  the critical levels to watch to maintain the bullish outlook. On the 5 min is Choppy but along the Up Channel and the price patterns are suggesting that the bulls might try to clear the 16625 barrier one more time. Non-Farm Payroll is out today.

BULLS:   16565   16520   16465       BEARS:   16665   16765    

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

Aggressive Traders :  LONG @ the Break      16645   with a tight stop with a 50 pips price target.       

USDJPY

USDJPY closed @ 9075 which was UNCHANGED from the open and was within prior day's trading range.  The High was 10 pips from Precise Trader's Res Zone 1 and the Low was 25 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 9000 holds and Daily Trend is also Sideways while 9250 holds, so expect the price  to be Choppy until the breakout happens.  The  Price closed  within Zone 1 ,the bulls and bears were Flat  towards  the close . The Hourly  is in a Range trading and expect the price to be choppy until the breakout happens , the price should not trade below 9000-8960   to maintain the bullish outlook. On the 5 min is along the  gradual Up Channel  and the price patterns are  mixed with an upside bias. Non-Farm Payroll is out today.

BULLS:   9005   8945          BEARS:   9105   9165    

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

Aggressive Traders :  LONG near      9005   with a tight stop with a 50 pips price target.