EURJPY

EURJPY closed @ 12380 which was BELOW the open and was within prior day's trading range. The High was PRECISELY at Precise Trader's Res Tgt 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 Sideways Down while 12435 holds and Daily Trend is Sideways Up while 12135 holds, so expect the price  to be Choppy with a Downside bias.   The Daily Trend plunged  but the  Bears gave Up  mildly  towards the Close. The  Hourly Trend  has been in a Range Trading with a Downside Bias ,12415-35  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 until the break. The Opening Price Principles suggests that JPY is Strong against most Crosses .EUR  is Flat with a Mixed Bias  and JPY  is Strong , so  JPY  may  lead  the  EURJPY Lower Slowly but the Downside may be limited.

BULLS:   12320   12260   12205       BEARS:   12380   12440   12520

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

Aggressive Traders :  Trade @ the Bulls & Bears Levels Only               

GBPJPY

GBPJPY closed @ 13630 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 2.   The Hourly Oscillators are Bearish and the price is Below the MA, so the Bulls have to be sidelined. Hourly Trend is Sideways Down while 13735 holds and Daily Trend is Sideways Up while 13205 holds, so expect the price  to be Choppy with a Downside bias.   The Daily Trend plunged  but the  Bears gave Up  mildly  towards the Close. The  Hourly Trend  has been in a Range Trading with a Downside Bias ,13665-13735  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 until the break. The Opening Price Principles suggests that JPY is Strong against most Crosses .GBP  is Flat with a Mixed Bias  and JPY  is Strong , so  JPY  may  lead  the  GBPJPY Lower Slowly but the Downside may be limited.

BULLS:   13565   13465   13365       BEARS:   13670   13735   13770

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

Aggressive Traders :  Trade @ the Bulls & Bears Levels Only               

AUDJPY

AUDJPY closed @ 8280 which was UNCHANGED from the open and was within prior day's trading range.  The High was 15 pips from Precise Trader's Res Tgt 2 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 8325 holds and Daily Trend is also Sideways while 8035 holds, so expect the price  to be Choppy until the breakout happens.  The Daily Trend plunged  but the  Bears gave Up  mildly  towards the Close. The  Hourly Trend  has been in a Range Trading with no Clear Direction , 8305-25 are the critical  levels to watch to maintain the Bearish Outlook . On the 5 min is along the gradual Down Channel and  the  patterns are suggesting a Choppy Session until the break. The Opening Price Principles suggests that JPY is Strong against most Crosses .AUD  is Flat with a Mixed Bias  and JPY  is Strong , so  JPY  may  lead  the  AUDJPY Lower Slowly but the Downside may be limited.

BULLS:   8190   8170   8120       BEARS:   8305   8330   8390

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

Aggressive Traders :  Trade @ the Bulls & Bears Levels Only