EURUSD

EURUSD closed @ 13680 which was ABOVE 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 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 13600 holds and Daily Trend is also Sideways while 13930 holds, so expect the price  to be Choppy until the breakout happens.  The Daily Trend was within  prior few day's Range  but the Bulls  gained  mildly towards the close. The  Hourly Trend  has been in a Range Trading with no Clear Direction ,13625-00  are the critical  levels to watch to maintain  the Bullish outlook .  On the 5 min is along the gradual Up  Channel and  the price patterns are suggesting a Choppy Session until the break. The Opening price principles are mixed so Cautious approach is needed until the break.

BULLS:   13645   13600   13535       BEARS:   13740   13790   13825

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

Aggressive Traders :  Trade @ the Bulls & Bears Levels Only               

GBPUSD

GBPUSD closed @ 15060 which was ABOVE the open and breached the previous day's high. The High was 30 pips from Precise Trader's Res Tgt 1 and the Low was PRECISELY at Precise Trader's Sup Zone 1.   The Hourly Oscillators are Bullish but Weak and the price is Within the MA, so CAUTIOUS  approach is needed for the Bulls. Hourly Trend is Sideways while 14945 holds and Daily Trend is also Sideways while 15420 holds, so expect the price to be Choppy and Upside may be limited.  The  Daily Trend breached the  prior day's High with the Bulls holding their gains till the close. The  Hourly Trend  has been in a Range Trading with no Clear Direction ,15015-14945  are the critical  levels to watch to maintain  the Bullish outlook .  On the 5 min is along the gradual Up  Channel and  the price patterns are suggesting a Choppy Session with a limited Upside Bias. The Opening price principles are mixed so Cautious approach is needed until the break.

BULLS:   15015   14960   14910       BEARS:   15120   15180   15210

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

Aggressive Traders :  Trade @ the Bulls & Bears Levels Only               

USDJPY

USDJPY closed @ 9050 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 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 8990 holds and Daily Trend is also Sideways while 8870 holds, so expect the price  to be Choppy with a Upside bias.   The Daily Trend  was within   prior  day's Range and closed Unchanged  towards the close. The Hourly Trend  has been   in a Range Trading with no Clear Direction, 9020-8990  are the critical  levels to watch to maintain  the Bullish outlook .  On the 5 min is along the Horizontal Channel and  the price patterns are suggesting a Choppy Session until the break. The Opening price principles are mixed so Cautious approach is needed until the break.

BULLS:   9005   8960   8905       BEARS:   9090   9130   9175

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

Aggressive Traders :  Trade @ the Bulls & Bears Levels Only