EURJPY EURJPY closed @ 10800 which was BELOW the open and breached the previous day’s low. The High was PRECISELY at Precise Trader’s Res Zone 1 and the Low was PRECISELY at Precise Trader’s Sup Tgt 3.   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 Limited Down while 10930 holds and Daily Trend is also Limited Down while 11225 holds, so expect the Price to have a Minimum Downside and the

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USDCHF USDCHF closed @ 10820 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 PRECISELY at Precise Trader’s Hrly Level.   The Hourly Oscillators are MIXED and the Price is Below the MA, so CAUTIOUS  approach is needed. Hourly Trend is Turning Up while 10740 holds and Daily Trend is Limited Down while 11035 holds, so expect the Price  to Turn Up Soon, so the Bears may stay Sidelined and

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EURUSD EURUSD closed @ 12190 which was BELOW the open and breached the previous day’s low. The High was 10 pips from Precise Trader’s Res Zone 1 and the Low was 5 pips from Precise Trader’s Sup Zone 5 (U Turn Zone).   The Hourly Oscillators are Bearish but Oversold and the Price is Below the MA, so CAUTIOUS  approach is needed for the Bears. Hourly Trend is Sideways Down while 12305 holds and Daily Trend is Sideways Up while 12005 holds, so expect the Price to be Choppy with

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INTRA-DAY GBP/USD : 1.5070 Last Update At 30 Jun 2010 04:13GMT Despite initial euro-led weakness to 1.5028 in  Asian morning, subsequent rebound suggests further  ‘choppy’ trading inside nr term broad range of 1.50  12-1.5106 wud continue with mild upside bias but  reckon 1.5090/00 wud cap present rise.  Hold long for 1.5070 n only below 1.5012 signals  recent upmove has made a top at 1.5130, 1.4883/88. Range Forecast 1.5045 / 1.5080 Resistance/Support R:

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