USDCHF

USDCHF closed @ 10550 which was BELOW the open and breached the previous day's low. The High was 15 pips from Precise Trader's Res Tgt 1 and the Low was 15 pips from 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 Corrective Down while 10615 holds and Daily Trend is Sideways Down while 10750 holds, so expect the price to be Choppy and Downside may be limited.  The Daily  Trend  Plunged with the Bears holding their gains till  the close. The  Hourly Trend  has  been in a Range Trading  with the limited Downside Bias , 10590-10615  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  are mixed  so Cautious approach is needed  until the break.

BULLS:   10520   10495   10425       BEARS:   10600   10635   10675

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

Aggressive Traders :  Trade @ the Bulls & Bears Levels Only               

AUDUSD

AUDUSD closed @ 9185 which was ABOVE 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 1.   The Hourly Oscillators are Bullish but Weak and the price is Above the MA, so CAUTIOUS  approach is needed for the Bulls. Hourly Trend is Sideways while 9120 holds and Daily Trend is Sideways Up while 9025 holds, so expect the price  to be Choppy with a Upside bias.   The Daily Trend was within prior few day's Range  but the Bulls gained  towards the close. The  Hourly Trend has been in a Range Trading with an Upside Bias ,9140-20  are the critical  levels to watch to maintain  the Bullish Outlook .  On the 5 min is along the gradual Up Channel and  the Patterns are suggesting Choppy Session until the break. The Opening Price Principles are mixed so Cautious approach is needed until the break.

BULLS:   9140   9090   9065       BEARS:   9240   9305   9330

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

Aggressive Traders :  LONG near   9140   9120   with a tight stop with a 50 pips price target.      

USDCAD

USDCAD closed @ 10140 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 5 pips from Precise Trader's Sup Tgt 1.   The Hourly Oscillators are MIXED and the price is Within the MA, so CAUTIOUS  approach is needed. Hourly Trend is Sideways while 10225 holds and Daily Trend is Sideways Down while 10330 holds, so expect the price  to be Choppy until the breakout happens.  The Daily Trend was within prior Day's Range but the Bears gained  towards the close and closed to a new low. The  Hourly Trend has been in a Range Trading  with no Clear Direction ,10190-10225  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 are mixed so Cautious approach is needed until the Break.
BULLS:   10110   10065   9980       BEARS:   10190   10235   10275

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

Aggressive Traders :  Trade @ the Bulls & Bears Levels Only