Spot Gold

SPOT GOLD  closed @ 11100 which was ABOVE the open and was within prior day's trading range. The High was PRECISELY at Precise Trader's Res Zone 5 (U Turn Zone) and the Low was PRECISELY at Precise Trader's Sup Tgt 2.   The Hourly Oscillators are Turning Bullish and the price is Below the MA, so the Bears have to be CAUTIOUS. Hourly Trend is Corrective Down while 11230 holds and Daily Trend is Sideways Down while 11380 holds, so expect the price to be Choppy and Downside may be limited.  The  Daily Trend breached the prior day's Low but managed to close Unchanged  towards the close. The  Hourly Trend  has  been in a Range Trading  with a potential to Turn Up soon, 11165-11230 are the critical  levels to watch to maintain the Bearish  outlook . On the 5 min is along the Horizontal  Channel and the patterns are suggesting a Choppy Session with a potential to reverse Up soon. The Opening price principles  are mixed  so Cautious approach is needed  until the break.

BULLS:   11050   11000   10935       BEARS:   11150   11230   112850

Conservative Traders:  SIDELINED or strictly trade only at Precise Trader's Report Levels.               
Aggressive Traders :  Trade @ the Bulls & Bears Levels Only               

NZDUSD

NZDUSD closed @ 7005 which was BELOW the open and breached the previous day's low. The High was 15 pips from Precise Trader's Res Zone 1 and the Low was PRECISELY at Precise Trader's Sup Tgt 1.   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 7075 holds and Daily Trend is also Sideways while 6845 holds, so expect the price  to be Choppy until the breakout happens.  The  Daily Trend breached the  prior day's Low but  the Bears gave up most of the gains  towards the close. The  Hourly Trend  has been in a Range Trading  with no clear Direction, 7045- 75 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 break. The Opening price principles are mixed so Cautious approach is needed until the break.

BULLS:   6955   6905   6845       BEARS:   7030   7075   7110

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

Aggressive Traders :  Trade @ the Bulls & Bears Levels Only               

USDSGD

USDSGD closed @ 13975 which was UNCHANGED from the open and was within prior day's trading range.  The High was 15 pips from 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 Within the MA, so CAUTIOUS  approach is needed. Hourly Trend is Sideways while 14070 holds and Daily Trend is also Sideways while 14125 holds, so expect the price  to be Choppy until the breakout happens.  The Daily Trend was within prior day's Range with  the Bears giving up mildly towards the close. The  Hourly Trend has been in a Range Trading  with no clear direction ,14070-14125  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 Choppy Session until the break . The Opening price principle are mixed so Cautious approach is needed until the break.

BULLS:   13940   13880   13830       BEARS:   14030   14070   14125

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

Aggressive Traders :  Trade @ the Bulls & Bears Levels Only