EURUSD

EURUSD closed @ 14990 which was UNCHANGED from the open and was within prior day's trading range. The High was 5 pips from Precise Trader's Res Tgt 1 and the Low was 5 pips from Precise Trader's Sup Zone 1.   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 14865 holds and Daily Trend is also Sideways while 14720 holds, so expect the price  to be Choppy with a Upside bias.   The Price  closed  within  Zone 1 and  the bulls  and bears were Flat  towards the close .The  Hourly trend is in a  Range trading with an Upside bias but 15050-65 are immediate barriers for the bulls, 14935-14865 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 a potential break higher or at least test the 15050-65 levels.

BULLS:   14935   14865          BEARS:   15050   15085   15185 

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

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

GBPUSD

GBPUSD closed @ 16575 which was BELOW the open and breached the previous day's low. The High was PRECISELY at Precise Trader's Res Tgt 1 and the Low was PRECISELY at Precise Trader's Sup Tgt 3.   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 16485 holds and Daily Trend is also Sideways while 16330 holds, so expect the price  to be Choppy with a Upside bias.   The  Price closed  near the Sup U Turn  Zone 5 and  the  bears were exceptionally strong ,holding on to their gains towards the close .The  Hourly trend is in a  Range trading with no clear signal of a reverse , 16530-16485 are the critical  levels to watch to maintain  the bullish outlook .  On the 5 min is choppy but along the Down Channel  and  the price patterns are suggesting  no clear direction until the break but the price should not breach the  16530 level and should break the 16655 mark to maintain our bullish outlook.

BULLS:   16545   16395   16320       BEARS:   16655   16705   16765 

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

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

USDJPY

USDJPY closed @ 8985 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 10 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 9080 holds and Daily Trend is also Sideways while 9165 holds, so expect the price  to be Choppy until the breakout happens.  The  Price closed  within  Zone 1 and  the bulls  and bears were Flat  towards the close .The  Hourly trend is in a  Range trading expect a  choppy session until the breakout happens , 9040-80 are the critical  levels to watch to maintain  the bearish outlook .  On the 5 min is choppy but along the Horizontal  Channel  and  the price patterns are suggesting  no clear direction until the break. 

BULLS:   8940   8895   8835       BEARS:   9020   9085    

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

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