Spot Gold

SPOT GOLD  closed @ 10788 which was ABOVE the open and breached the previous day's high. The High was 2 Dollars from Precise Trader's Hrly Level and the Low was PRECISELY at Precise Trader's Res Zone 1.   The Hourly Oscillators are Bullish and the price is Within the MA, so the Bears have to be sidelined. Hourly Trend is Corrective Up while 10605 holds and Daily Trend is Corrective Down while 11205 holds, so expect the price  to be Choppy with a Upside bias.   The  Daily Trend breached  higher than the prior day's high and  closed above the high . The  Hourly Trend  has  been in a Range Trading with an  Upside bias,10665-10605 are the critical  levels to watch to maintain the bullish outlook . On the 5 min is along the  Horizontal  Channel with an Upside bias and  the  patterns are suggesting  higher  highs but should be limited 10985-11085 levels. The Opening price principle are mixed but the Bulls may try higher.

BULLS:   10735   10635   10525       BEARS:   10855   10955   11057

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

Aggressive Traders :  LONG near   10685   10605   with a tight stop and   10 points    price targets.


NZDUSD

NZDUSD closed @ 6960 which was ABOVE the open and breached the previous day's high. The High was 5 pips from Precise Trader's Res Tgt 2 and the Low was 5 pips from Precise Trader's Sup Zone 1.   The Hourly Oscillators are Bullish and the price is Within the MA, so the Bears have to be sidelined. Hourly Trend is Corrective Up while 6855 holds and Daily Trend is Corrective Down while 7085 holds, so expect the price  to be Choppy with a Upside bias.   The  Daily Trend had a huge Rally with the Bulls holding their gains till the close. The  Hourly Trend  has been in a Range Trading with an Upside bias but the Bulls may struggle near 7000-85 levels , 6935-6855  are the critical  levels to watch to maintain  the bullish outlook .  On the 5 min is along the Up Channel  and  the price patterns are suggesting higher highs . The Opening price principle are mixed but the Bulls may gain at least during the Europe Session.

BULLS:   6925   6855   6805       BEARS:   7000   7065   

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

Aggressive Traders :  LONG near   6925   6855   with a tight stop with a 50 pips price target.      


USDSGD

USDSGD closed @ 14170 which was BELOW the open and breached the previous day's low.  The High was 20 pips from Precise Trader's Res Zone 1 and the Low was 5 pips from Precise Trader's Hrly Level.   The Hourly Oscillators are Bearish and the price is Within the MA, so the Bulls have to be sidelined. Hourly Trend is Sideways while 14265 holds and Daily Trend is Corrective Up while 14050 holds, so expect the price  to be Choppy with a Downside bias.   The Daily Trend  plummeted with the Bears holding their gains till the close. The  Hourly Trend has been in a Range Trading with a limited Downside bias , 14205-65  are the critical  levels to watch to maintain  the bearish outlook .  On the 5 min is along the Horizontal  Channel  with a limited Downside and  the price patterns are suggesting choppy session  until the breakout . The Opening price principle suggests no clear direction so Cautious approach is expected.

BULLS:   14115   14050   14020       BEARS:   14205   14260   14320

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

Aggressive Traders :  Trade @ the Bulls & Bears Levels Only