EURUSD
EURUSD closed @ 13210 which was ABOVE the open and breached the previous day's high. The High was PRECISELY at Precise Trader's Res Tgt 2 and the Low was 15 pips from Precise Trader's Sup Tgt 1. The Hourly Oscillators are Bullish and the Price is Within the MA, so the Bears have to be Sidelined. Hourly Trend is Sideways Up while 13070 holds and Daily Trend is Limited Down while 13510 holds, so expect the Price to be Choppy with a potential to Break Higher. The Daily Trend breached the Prior Day's High and the Bulls gained towards the Close which signifies some Strength. The MA is suggesting a Choppy session with an Upside Bias and the Oscillators are suggesting an Upside Bias. The Hourly Trend has been in a Range Trading with 13275/13300-50 as Price Targets and the Patterns are suggesting that Higher Highs are expected, 13155-00 are the Critical levels to watch to maintain the Bullish Outlook. The Opening Price Principles are Mixed , so Cautious approach is needed until the Price breaks out of Zone 2 levels.BULLS: 13165 13100 13060 BEARS: 13245 13300 13350
Today's Strategies: LONG near 13165 13100 with a tight stop with a 35-50 pips price target.
GBPUSD
GBPUSD closed @ 15600 which was BELOW 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 5 pips from 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 15485 holds and Daily Trend is Limited Down while 15820 holds, so expect the Price to be Choppy until the Breakout. The Daily Trend was within the Prior Day's Range but the Bears gained marginally towards the Close which signifies a Range Trading . The MA is suggesting a Choppy session and the Oscillators are suggesting some Weakness. The Hourly Trend has been in a Range Trading with no Price Targets and the Patterns are suggesting a Choppy session until the Break, 15540-15485 are the Critical levels to watch to maintain the Bullish Outlook. The Opening Price Principles are Mixed , so Cautious approach is needed until the Price breaks out of Zone 2 levels.BULLS & BEARS : Get the full report by visiting Precise Trader for a Free Trial.
Today's Strategies: Get the full report by visiting Precise Trader for a Free Trial.
USDJPY
USDJPY closed @ 8380 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 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 Down while 8445 holds and Daily Trend is Sideways while 8280 holds, so expect the Price to be Choppy with a potential to Break Lower. The Daily Trend was within the Prior few Day's Range but the Bears gained towards the Close which signifies a Range Trading . The MA is suggesting a Choppy session and the Oscillators are suggesting a Downside Bias. The Hourly Trend has been in a Range Trading with no Price Targets and the Patterns are suggesting a Choppy session until the break, 8425-45 are the Critical levels to watch to maintain the Bearish Outlook. The Opening Price Principles are Mixed , so Cautious approach is needed until the Price breaks out of Zone 2 levels.BULLS & BEARS : Get the full report by visiting Precise Trader for a Free Trial.
Today's Strategies: Get the full report by visiting Precise Trader for a Free Trial.
تعليقات
إرسال تعليق