Spot Gold

SPOT GOLD  closed @ 11020 which was BELOW the open and was within prior day's trading range. The High was 2 Dollars from Precise Trader's Hrly Level and the Low was PRECISELY at Precise Trader's Sup Zone 5 (U Turn Zone).   The Hourly Oscillators are Bearish but Weak and the price is Below the MA, so CAUTIOUS  approach is needed for the Bears. Hourly Trend is Corrective Down while 11130 holds and Daily Trend is Sideways Down while 11400 holds, so expect the price to be Choppy and Downside may be limited.  The  Daily Trend breached the prior day's High but gave up all the gains towards the close  and well below the open. The  Hourly Trend  has  been in a Range Trading  with the Downside limited, 11070-11130 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:   10950   10890   10825       BEARS:   11070   11150   11195

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

Aggressive Traders :  Trade @ the Bulls & Bears Levels Only               

NZDUSD

NZDUSD closed @ 7015 which was UNCHANGED from the open and was within prior day's trading range. The High was 5 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 Within the MA, so CAUTIOUS  approach is needed. Hourly Trend is Sideways while 6965 holds and Daily Trend is also Sideways while 6805 holds, so expect the price  to be Choppy with a Upside bias.   The  Daily Trend breached the  prior day's High  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, 6990-65  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:   6935   6910   6865       BEARS:   7055   7120   7145

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

Aggressive Traders :  Trade @ the Bulls & Bears Levels Only               

USDSGD

USDSGD closed @ 13940 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 10 pips from Precise Trader's Sup Zone 1.   The Hourly Oscillators are Turning Bullish and the price is Within the MA, so the Bears have to be CAUTIOUS. Hourly Trend is Sideways while 14010 holds and Daily Trend is also Sideways while 14060 holds, so expect the price  to be Choppy until the breakout happens.  The Daily Trend plunged the  prior day and the Bears gave up mildly towards the close. The  Hourly Trend broke out of the  Range but it is too soon to conclude of the reverse up , 14010-30 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:   13905   13880   13795       BEARS:   13995   14035   14085

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

Aggressive Traders :  Trade @ the Bulls & Bears Levels Only