EURJPY
EURJPY closed @ 13380 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 5 pips from Precise Trader’s Hrly Level. 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 13445 holds and Daily Trend is also Sideways while 13620 holds, so expect the price to be Choppy and Upside may be limited. The Price is trading marginally Above Monthly, Weekly open and closed within but near the Sup Zone 1. The Price on the Hourly is creeping lower but expect a choppy session with the downside limited, on the 5 min is Choppy but the bears are gaining strength during Asian session. Price should hold 13415-45 to maintain bearish view. Conservative traders should look to be Sidelined or strictly trade only at Precise Traders Report levels. Aggressive traders look to do the same until there is a clear signal.
GBPJPY
GBPJPY closed @ 15280 which was ABOVE the open and was within prior day’s trading range. The High was PRECISELY at Precise Trader’s Res Tgt 2 and the Low was 10 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 15130 holds and Daily Trend is also Sideways while 15550 holds, so expect the price to be Choppy until the breakout happens. The Price is trading marginally above Monthly, Weekly open and closed just above Res Zone 1. The Price on the Hourly is in a Range trading and expect a choppy session as GBP and JPY are moving in opposite direction , on the 5 min is Choppy but 15220 and 15340 are the critical levels to watch. Conservative traders should look to be Sidelined or strictly trade only at Precise Traders Report levels. Aggressive traders look to do the same until there is a clear signal.
AUDJPY
AUDJPY closed @ 7930 which was UNCHANGED from 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 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 8005 holds and Daily Trend is also Sideways while 7640 holds, so expect the price to be Choppy until the breakout happens. The Price is trading marginally Above Monthly,Weekly open and closed within the Res Zone 1.The Price on the Hourly is in a Range Trading and expect a choppy session a head, on the 5 min is Choppy but 7930-7955 are the critical levels to watch. Conservative traders should look to be Sidelined or strictly trade only at Precise Traders Report levels. Aggressive traders look to do the same until there is a clear signal.
