EURUSD

EURUSD closed @ 13650 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 PRECISELY at Precise Trader's Sup Tgt 1.   The Hourly Oscillators are MIXED and the price is Below the MA, so CAUTIOUS  approach is needed. Hourly Trend is Corrective Down while 13760 holds and Daily Trend is also Corrective Down while 13960 holds, so expect the price to be Choppy and Downside may be limited.  The Daily Trend was within prior day's Range. The  Hourly Trend  has been in a Range Trading with a limited Downside bias and 13585 is the critical level to watch  ,13720-60  are the critical  levels to watch to maintain  the bearish outlook .  On the 5 min is along the gradual Up Channel and  the price patterns are suggesting a Choppy session until the breakout . The Opening price principle are mixed so  Cautious approach is needed. 

BULLS:   13595   13520   13445       BEARS:   13720   13780   13840

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

Aggressive Traders :  Trade @ the Bulls & Bears Levels Only               

GBPUSD

GBPUSD closed @ 15585 which was BELOW 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 15 pips from Precise Trader's Sup Tgt 2.   The Hourly Oscillators are MIXED and the price is Below the MA, so CAUTIOUS  approach is needed. Hourly Trend is Corrective Down while 15675 holds and Daily Trend is also Corrective Down while 15940 holds, so expect the price to be Choppy and Downside may be limited.  The  Daily Trend breached the prior day's low marginally but closed within range. The  Hourly Trend  has been in a Range Trading with a limited Downside bias and 15535 is a critical to watch,15675-15720  are the critical  levels to watch to maintain  the bearish outlook .  On the 5 min is along the Horizontal  Channel and  the price patterns are suggesting a Choppy Session until the breakout . The Opening price principle are mixed so  Cautious approach is needed.

BULLS:   15560   15525   15480       BEARS:   15675   15720   15790

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

Aggressive Traders :  Trade @ the Bulls & Bears Levels Only               

USDJPY

USDJPY closed @ 8925 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 15 pips from Precise Trader's Sup Zone 1.   The Hourly Oscillators are MIXED and the price is Below the MA, so CAUTIOUS  approach is needed. Hourly Trend is Sideways while 9020 holds and Daily Trend is Corrective Down while 9125 holds, so expect the price  to be Choppy until the breakout happens.  The Daily Trend  was within prior day's trading Range. The Hourly  has been in a Range Trading with no clear direction and expect a Choppy session  until the break ,8985-9020 are the critical  levels to watch to maintain  the bearish outlook .  On the 5 min is along the Horizontal  Channel  with no clear signal and  the price patterns are suggesting a choppy session until the breakout . The Opening price principle are suggesting  mixed so Cautious approach is needed.

BULLS:   8885   8805   8775       BEARS:   8975   9020   9070

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

Aggressive Traders :  Trade @ the Bulls & Bears Levels Only