USDCHF

USDCHF closed @ 10640 which was BELOW the open and breached the previous day's low. The High was 10 pips from Precise Trader's Res Zone 1 and the Low was PRECISELY at Precise Trader's Sup Zone 5 (U Turn Zone).   The Hourly Oscillators are Bearish and the price is Within the MA, so the Bulls have to be sidelined. Hourly Trend is Corrective Down while 10765 holds and Daily Trend is Sideways Up while 10495 holds, so expect the price  to be Choppy with a Downside bias.   The Daily Trend plummeted with the Bears giving up marginally towards the close. The  Hourly Trend  has been in a Range Trading with a limited Downside bias  ,10705-10765  are the critical  levels to watch to maintain  the bearish outlook .  On the 5 min is along the Horizontal  Channel  with a Downside bias and  the price patterns are suggesting lower lows are expected provided 10705-65 holds . The Opening price principle are mixed but we believe the Bears may be in control at least during Europe Session.

BULLS:   10605   10535   10485       BEARS:   10705   10765   10805

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

Aggressive Traders :  SHORT near   10705   10765   with a tight stop with a 50 pips price target.      

AUDUSD

AUDUSD closed @ 8790 which was ABOVE the open and breached the previous day's high. The High was PRECISELY at Precise Trader's Res Tgt 3 and the Low was 5 pips from Precise Trader's Sup Tgt 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 8665 holds and Daily Trend is Corrective Down while 8930 holds, so expect the price  to be Choppy with a Upside bias.   The Daily Trend had a Rally with the Bulls holding their gains  towards the close. The  Hourly Trend  has been in a Range Trading with a limited Upside bias  ,8745-8665  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 higher highs are expected provided 8745-8665 holds . The Opening price principle are mixed but we believe the Bulls may be in control at least during Europe Session.

BULLS:   8725   8675   8625       BEARS:   8815   8860   8905

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

Aggressive Traders :  LONG near   8725   8675   with a tight stop with a 50 pips price target.      

USDCAD

USDCAD closed @ 10660 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 10 pips from Precise Trader's Sup Zone 5 (U Turn Zone).   The Hourly Oscillators are MIXED and the price is Within the MA, so CAUTIOUS  approach is needed. Hourly Trend is Sideways while 10595 holds and Daily Trend is Corrective Up while 10525 holds, so expect the price  to be Choppy until the breakout happens.  The Daily Trend was within prior day's range. The  Hourly Trend has been in a Range Trading and expect a choppy session until the breakout ,10630-10595  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 no clear signals so Cautious approach is needed . The Opening price principle  are mixed so Cautious approach is needed .

BULLS:   10635   10580   10535       BEARS:   10745   10800   10860

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

Aggressive Traders :  Trade @ the Bulls & Bears Levels Only