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	<title>ForexNews.com &#187; Rajoo C</title>
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		<title>Forecast on USD Majors (EURUSD, GBPUSD, USDJPY)</title>
		<link>http://www.forexnews.com/2011/08/forecast-on-usd-majors-eurusd-gbpusd-usdjpy-5/</link>
		<comments>http://www.forexnews.com/2011/08/forecast-on-usd-majors-eurusd-gbpusd-usdjpy-5/#comments</comments>
		<pubDate>Mon, 01 Aug 2011 07:14:30 +0000</pubDate>
		<dc:creator>Rajoo C</dc:creator>
				<category><![CDATA[Contributors]]></category>
		<category><![CDATA[Currencies]]></category>
		<category><![CDATA[EUR]]></category>
		<category><![CDATA[Forex News]]></category>
		<category><![CDATA[GBP]]></category>
		<category><![CDATA[JPY]]></category>
		<category><![CDATA[Technical Outlook]]></category>
		<category><![CDATA[USD]]></category>

		<guid isPermaLink="false">http://www.forexnews.com/?p=68637</guid>
		<description><![CDATA[EURUSD  EURUSD closed @ 14395 which was ABOVE the open and was within prior day&#8217;s trading range. The High was 20 pips from Precise Trader&#8217;s Res Tgt 1 and the Low was 10 pips from Precise Trader&#8217;s Sup Tgt 2. The Hourly Oscillators are Bearish and the Price is Within the MA, so the Bulls [...]]]></description>
			<content:encoded><![CDATA[<p><span style="text-decoration: underline"><strong>EURUSD</strong></span></p>
<p> EURUSD closed @ 14395 which was ABOVE the open and was within prior day&#8217;s trading range. The High was 20 pips from Precise Trader&#8217;s Res Tgt 1 and the Low was 10 pips from Precise Trader&#8217;s Sup Tgt 2. The Hourly Oscillators are Bearish and the Price is Within the MA, so the Bulls have to be Sidelined. Hourly Trend is Sideways while 14245 holds and Daily Trend is also Sideways while 13985 holds, so expect the Price to be Choppy until the Breakout. The Daily time frame ,the Price is within the MA&#8217;s and pointing horizontal , the Bulls gained towards the close but was within range which indicates a choppy session . The Patterns are suggesting a range trading until the break . The Hourly time frame, the Price is within the MA&#8217;s and pointing horizontal , the Oscillators are suggesting a downside bias but it is Weak . The Patterns are suggesting a range trading until the break. The 15min time frame, suggesting a choppy session but the break of 14430 is needed for the Bulls,14340/14245 are the Critical levels to watch to maintain the Bullish Outlook. The High/ Low for the Week may be limited to 14725-14825/ 14295-14105 levels. The Opening Price Principles are Mixed , so Cautious approach is needed until the Price breaks out of Zone 2 levels and High-Low time does not gives us good signals. BULLS: 14325 14285 14230 BEARS: 14425 14465 14515 Today&#8217;s Strategies: LONG @ the Break 14425 with a tight stop with a 35-50 pips price target.</p>
<p> <span style="text-decoration: underline"><strong>GBPUSD</strong></span></p>
<p> GBPUSD closed @ 16425 which was ABOVE the open and breached the previous day&#8217;s high. The High was 25 pips from Precise Trader&#8217;s Res Tgt 2 and the Low was 10 pips from Precise Trader&#8217;s Sup Tgt 2. The Hourly Oscillators are Bullish and the Price is Above the MA, so the Bears have to be Sidelined. Hourly Trend is Sideways while 16340 holds and Daily Trend is Sideways Up while 16120 holds, so expect the Price to be Choppy until the Breakout. The Daily time frame ,the Price is above the MA&#8217;s and pointing up, the Bulls gained towards the close but was within range trading which signifies a choppy session . The Patterns are suggesting a range trading until the break. The Hourly time frame, the Price is above the MA&#8217;s and pointing up, the Oscillators are suggesting an upside bias but beginning to gain strength. The Patterns are suggesting a range trading until the break . The 15min time frame, suggesting the break of 16485 is needed for the Bulls, 16365-40 are the Critical levels to watch to maintain the Bullish Outlook. The High/ Low for the Week may be limited to 16545-16745/ 16345-16200 levels. The Opening Price Principles are Mixed , so Cautious approach is needed until the Price breaks out of Zone 2 levels and High-Low time does not gives us good signals. BULLS &amp; BEARS : Get the full report by visiting Precise Trader for a Free Trial. Today&#8217;s Strategies: Get the full report by visiting Precise Trader for a Free Trial.</p>
<p><span style="text-decoration: underline"><strong>USDJPY</strong></span></p>
<p> USDJPY closed @ 7675 which was BELOW the open and breached the previous day&#8217;s low. The High was 5 pips from Precise Trader&#8217;s Res Zone 1 and the Low was 10 pips from Precise Trader&#8217;s Sup Zone 5 (U Turn Zone). The Hourly Oscillators are Turning Bullish and the Price is Mildly Below the MA, so the Bears have to be CAUTIOUS. Hourly Trend is Limited Down while 7880 holds and Daily Trend is also Limited Down while 7960 holds, so expect the Price to have a Minimum Downside and the Bears have to be Cautious. The Daily time frame ,the Price is below the MA&#8217;s and pointing down, the Bears gained towards the close but trading at significant levels which signifies a choppy session until the break. The Patterns are suggesting a range trading until the break . The Hourly time frame, the Price is mildly below the MA&#8217;s and pointing down, the Oscillators are suggesting an upside bias . The Patterns are suggesting a range trading until the break. The 15min time frame, suggesting a choppy session until the break, 7805-80 are the Critical levels to watch to maintain the Bearish Outlook. The High/ Low for the Week may be limited to 8025-95/ 7670-25 levels. The Opening Price Principles suggesting that JPY is weak against four crosses but Cautious approach is needed and High-Low time does not gives us good signals. BULLS &amp; BEARS : Get the full report by visiting Precise Trader for a Free Trial. Today&#8217;s Strategies: Get the full report by visiting Precise Trader for a Free Trial.</p>
]]></content:encoded>
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		</item>
		<item>
		<title>Forecast on USD Majors (EURUSD, GBPUSD, USDJPY)</title>
		<link>http://www.forexnews.com/2011/07/forecast-on-usd-majors-eurusd-gbpusd-usdjpy-4/</link>
		<comments>http://www.forexnews.com/2011/07/forecast-on-usd-majors-eurusd-gbpusd-usdjpy-4/#comments</comments>
		<pubDate>Thu, 21 Jul 2011 07:03:12 +0000</pubDate>
		<dc:creator>Rajoo C</dc:creator>
				<category><![CDATA[Contributors]]></category>
		<category><![CDATA[Currencies]]></category>
		<category><![CDATA[EUR]]></category>
		<category><![CDATA[Forex News]]></category>
		<category><![CDATA[GBP]]></category>
		<category><![CDATA[JPY]]></category>
		<category><![CDATA[Technical Outlook]]></category>
		<category><![CDATA[USD]]></category>

		<guid isPermaLink="false">http://www.forexnews.com/?p=64313</guid>
		<description><![CDATA[EURUSD  EURUSD closed @ 14215 which was ABOVE the open and was within prior day&#8217;s trading range. The High was 25 pips from Precise Trader&#8217;s Res Tgt 1 and the Low was 10 pips from Precise Trader&#8217;s Sup Zone 1. The Hourly Oscillators are Bullish and the Price is Within the MA, so the Bears [...]]]></description>
			<content:encoded><![CDATA[<p><strong><span style="text-decoration: underline">EURUSD</span></strong></p>
<p> EURUSD closed @ 14215 which was ABOVE the open and was within prior day&#8217;s trading range. The High was 25 pips from Precise Trader&#8217;s Res Tgt 1 and the Low was 10 pips from Precise Trader&#8217;s Sup Zone 1. The Hourly Oscillators are Bullish and the Price is Within the MA, so the Bears have to be Sidelined. Hourly Trend is Sideways while 14100 holds and Daily Trend is also Sideways while 14480 holds, so expect the Price to be Choppy until the Breakout. The Daily time frame ,the Price is within the MA&#8217;s and pointing horizontal , the Bulls gained but gave up mildly towards the close which indicates a choppy session until the break. The Patterns are suggesting a range trading until the break. The Hourly time frame, the Price is within the MA&#8217;s and pointing horizontal , the Oscillators are suggesting a limited upside bias with no strength. The Patterns are suggesting the upside may be capped to 14430 level. The 15min time frame, suggesting a choppy session until the break,14160-00 are the Critical levels to watch to maintain the Bullish Outlook. The High/ Low for the Week may be limited to 14345-14430/13835-13655 levels. The Opening Price Principles are Mixed , so Cautious approach is needed until the Price breaks out of Zone 2 levels and High-Low time does not gives us good signals. BULLS: 14180 14110 14050 BEARS: 14300 14385 14425 Today&#8217;s Strategies: Trade @ the Bulls &amp; Bears Levels Only.</p>
<p><strong><span style="text-decoration: underline">GBPUSD </span></strong></p>
<p>GBPUSD closed @ 16155 which was ABOVE the open and was within prior day&#8217;s trading range. The High was 5 pips from Precise Trader&#8217;s Res Zone 1 and the Low was PRECISELY at Precise Trader&#8217;s Sup Tgt 1. The Hourly Oscillators are Bullish but Weak and the Price is Mildly Above the MA, so CAUTIOUS approach is needed for the Bulls. Hourly Trend is Sideways while 16000 holds and Daily Trend is also Sideways while 16265 holds, so expect the Price to be Choppy until the Breakout. The Daily time frame ,the Price is within the MA&#8217;s and pointing horizontal, the Bulls gained towards the close but was within range which signifies a choppy session until the break . The Patterns are suggesting a range trading until the break. The Hourly time frame, the Price is mildly above the MA&#8217;s and pointing horizontal, the Oscillators are suggesting a limited upside bias with lack of strength. The Patterns are suggesting a range trading within 16220- 15980 levels . The 15min time frame, suggesting a choppy session until the break, 16095-00 are the Critical levels to watch to maintain the Bullish Outlook. The High/ Low for the Week may be limited 16195- 16265/15870-15780 levels. The Opening Price Principles are Mixed , so Cautious approach is needed until the Price breaks out of Zone 2 levels and High-Low time does not gives us good signals. BULLS &amp; BEARS : Get the full report by visiting Precise Trader for a Free Trial. Today&#8217;s Strategies: Get the full report by visiting Precise Trader for a Free Trial.</p>
<p><span style="text-decoration: underline"><strong>USDJPY</strong></span></p>
<p>USDJPY closed @ 7880 which was BELOW the open and was within prior day&#8217;s trading range. The High was 5 pips from Precise Trader&#8217;s Res Zone 1 and the Low was 5 pips from Precise Trader&#8217;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 7975 holds and Daily Trend is Sideways Down while 8150 holds, so expect the Price to be Choppy until the Breakout. The Daily time frame ,the Price is below the MA&#8217;s and pointing down, the Bears gained but was within a range which signifies a choppy session until the break. The Patterns are suggesting a range trading until the break . The Hourly time frame, the Price is within the MA&#8217;s and pointing horizontal, the Oscillators are suggesting a mixed bias . The Patterns are suggesting a range trading until the break. The 15min time frame, suggesting a choppy session until the break, 7920-75 are the Critical levels to watch to maintain the Bearish Outlook. The High/ Low for the Week may be limited to 8085-8175/ 7850-7760 levels. The Opening Price Principles are Mixed , so Cautious approach is needed until the Price breaks out of Zone 2 levels and High-Low time does not gives us good signals. BULLS &amp; BEARS : Get the full report by visiting Precise Trader for a Free Trial. Today&#8217;s Strategies: Get the full report by visiting Precise Trader for a Free Trial.</p>
]]></content:encoded>
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		</item>
		<item>
		<title>Forecast on USD Minors (USDCHF, AUDUSD, USDCAD)</title>
		<link>http://www.forexnews.com/2011/07/forecast-on-usd-minors-usdchf-audusd-usdcad-4/</link>
		<comments>http://www.forexnews.com/2011/07/forecast-on-usd-minors-usdchf-audusd-usdcad-4/#comments</comments>
		<pubDate>Wed, 13 Jul 2011 06:21:12 +0000</pubDate>
		<dc:creator>Rajoo C</dc:creator>
				<category><![CDATA[AUD]]></category>
		<category><![CDATA[CAD]]></category>
		<category><![CDATA[CHF]]></category>
		<category><![CDATA[Contributors]]></category>
		<category><![CDATA[Technical Outlook]]></category>
		<category><![CDATA[USD]]></category>

		<guid isPermaLink="false">http://www.forexnews.com/?p=61027</guid>
		<description><![CDATA[USDCHF USDCHF closed @ 8305 which was BELOW the open and breached the previous day&#8217;s low. The High was PRECISELY at Precise Trader&#8217;s Res Tgt 1 and the Low was 5 pips from Precise Trader&#8217;s Sup Tgt 2.   The Hourly Oscillators are Bearish and the Price is Below the MA, so the Bulls have to [...]]]></description>
			<content:encoded><![CDATA[<p><span style="text-decoration: underline"><strong>USDCHF</strong></span></p>
<p>USDCHF closed @ 8305 which was BELOW the open and breached the previous day&#8217;s low. The High was PRECISELY at Precise Trader&#8217;s Res Tgt 1 and the Low was 5 pips from Precise Trader&#8217;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 8420 holds and Daily Trend is Sideways while 8585 holds, so expect the Price to be Choppy with a  potential to Break Lower.  The  Daily time frame ,the Price is below  the MA&#8217;s and pointing down , the Bears gained  towards the close which signifies a choppy session . The Patterns are suggesting a range trading until the break . The Hourly  time frame, the Price is  below the MA&#8217;s and pointing down , the Oscillators are suggesting a downside  bias. The Patterns are suggesting a range trading until the break . The 15min time frame, suggesting a choppy session until the break, 8350/8420 are the Critical  levels to watch to maintain the Bearish Outlook. The  High/Low  for the Week may  be limited to  8485-8550/ 8275-8175 levels. The Opening Price Principles  are Mixed , so Cautious approach is needed until the Price breaks out of Zone 2 levels and High-Low time does not gives us good signals.<br />
BULLS:   8275   8230   8180       BEARS:   8365   8425   8465<br />
Today&#8217;s Strategies:  SHORT near   8365   8385   with a tight stop with a 35-50 pips price target.      </p>
<p>&nbsp;</p>
<p><span style="text-decoration: underline"><strong>AUDUSD</strong></span></p>
<p>AUDUSD closed @ 10600 which was BELOW the open and breached the previous day&#8217;s low. The High was 15 pips from Precise Trader&#8217;s Res Zone 1 and the Low was PRECISELY at Precise Trader&#8217;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 while 10730 holds and Daily Trend is also Sideways while 10520 holds, so expect the Price to be Choppy until the Breakout.  The  Daily time frame ,the Price is within  the MA&#8217;s but horizontal , the Bears gained  but gave up partially towards the Close but was within range which signifies a choppy session . The Patterns are suggesting a range trading  until the break. The Hourly  time frame, the Price is mildly below the MA&#8217;s and pointing horizontal,  the Oscillators are suggesting  a downside  bias. The Patterns are suggesting a range trading until the break. The 15min time frame, suggesting a choppy session until the break, 10665/10730  are the Critical  levels to watch to maintain the Bearish  Outlook The High/ Low for the Week may be limited  to 10795-10885/ 10575-25 levels. The Opening Price Principles  are Mixed , so Cautious approach is needed until the Price breaks out of Zone 2 levels and High-Low time does not gives us good signals.<br />
BULLS &amp; BEARS :  Get the full report by visiting Precise Trader for a Free Trial.<br />
Today&#8217;s Strategies:   Get the full report by visiting Precise Trader for a Free Trial.</p>
<p>&nbsp;</p>
<p><span style="text-decoration: underline"><strong>USDCAD</strong></span></p>
<p>USDCAD closed @ 9665 which was BELOW the open and was within prior day&#8217;s trading range.  The High was 5 pips from Precise Trader&#8217;s Res Tgt 2 and the Low was 20 pips from Precise Trader&#8217;s Hrly Level.   The Hourly Oscillators are Bullish but Weak and the Price is Below the MA, so CAUTIOUS  approach is needed for the Bulls. Hourly Trend is Sideways while 9745 holds and Daily Trend is also Sideways while 9765 holds, so expect the Price to be Choppy until the Breakout.  The  Daily time frame ,the Price is  within the MA&#8217;s  but pointing horizontal, the Bears  gained but gave up mildly  towards the Close but was within range. The Patterns are suggesting a range trading until the break. The Hourly  time frame, the Price is mildly below the MA&#8217;s and pointing horizontal, the Oscillators are suggesting a weak upside  bias. The Patterns are suggesting a choppy session until the break. The 15min time frame, suggesting a choppy session until the break , 9710-45  are the Critical  levels to watch to maintain the Bearish Outlook. The High / Low for the Week may be limited to 9770-9825/ 9550-00 levels. The Opening Price Principles are  Mixed , so Cautious approach is needed until the Price breaks out of Zone 2 levels and High-Low time does not give us good signals.<br />
BULLS &amp; BEARS :  Get the full report by visiting Precise Trader for a Free Trial.<br />
Today&#8217;s Strategies:   Get the full report by visiting Precise Trader for a Free Trial.</p>
]]></content:encoded>
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		</item>
		<item>
		<title>Forecast on USD Majors (EURUSD, GBPUSD, USDJPY)</title>
		<link>http://www.forexnews.com/2011/07/forecast-on-usd-majors-eurusd-gbpusd-usdjpy-3/</link>
		<comments>http://www.forexnews.com/2011/07/forecast-on-usd-majors-eurusd-gbpusd-usdjpy-3/#comments</comments>
		<pubDate>Wed, 13 Jul 2011 06:17:42 +0000</pubDate>
		<dc:creator>Rajoo C</dc:creator>
				<category><![CDATA[Contributors]]></category>
		<category><![CDATA[Currencies]]></category>
		<category><![CDATA[EUR]]></category>
		<category><![CDATA[GBP]]></category>
		<category><![CDATA[JPY]]></category>
		<category><![CDATA[Technical Outlook]]></category>
		<category><![CDATA[USD]]></category>

		<guid isPermaLink="false">http://www.forexnews.com/?p=61025</guid>
		<description><![CDATA[EURUSD EURUSD closed @ 13975 which was BELOW the open and breached the previous day&#8217;s low. The High was PRECISELY at Precise Trader&#8217;s Res Zone 1 and the Low was 5 pips from Precise Trader&#8217;s Sup Tgt 3.   The Hourly Oscillators are Bearish and the Price is Below the MA, so the Bulls have to [...]]]></description>
			<content:encoded><![CDATA[<p><span style="text-decoration: underline"><strong>EURUSD</strong></span></p>
<p>EURUSD closed @ 13975 which was BELOW the open and breached the previous day&#8217;s low. The High was PRECISELY at Precise Trader&#8217;s Res Zone 1 and the Low was 5 pips from Precise Trader&#8217;s Sup Tgt 3.   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 14120 holds and Daily Trend is also Sideways Down while 14600 holds, so expect the Price to be Choppy with a  potential to Break Lower.  The  Daily time frame ,the Price is below the MA&#8217;s and pointing  down , the Bears  gained but gave up partially  towards the Close which signifies some strength during the initial stage . The Patterns are suggesting lower lows are expected. The Hourly  time frame, the Price is below  the MA&#8217;s and pointing down , the Oscillators are suggesting  a downside  bias with lot of strength. The Patterns are suggesting a range trading until the break. The 15min time frame, suggesting  a choppy session until the break,14030/14120 are the Critical  levels to watch to maintain the Bearish Outlook. The High/ Low  for the Week  may be limited to 14465-14500/13835-13685  levels.  The Opening Price Principles  are Mixed , so Cautious approach is needed until the Price breaks out of Zone 2 levels and High-Low time does not gives us good signals.<br />
BULLS:   13935   13885   13835       BEARS:   14035   14085   14145<br />
Today&#8217;s Strategies:  SHORT near   14035   14085   with a tight stop with a 35-50 pips price target.      </p>
<p>&nbsp;</p>
<p><span style="text-decoration: underline"><strong>GBPUSD</strong></span></p>
<p>GBPUSD closed @ 15915 which was ABOVE the open and was within prior day&#8217;s trading range. The High was 5 pips from Precise Trader&#8217;s Res Zone 1 and the Low was PRECISELY at Precise Trader&#8217;s Sup Tgt 2.   The Hourly Oscillators are Bearish and the Price is Mildly Below the MA, so the Bulls have to be Sidelined. Hourly Trend is Sideways Down while 16025 holds and Daily Trend is also Sideways Down while 16185 holds, so expect the Price to be Choppy with a  potential to Break Lower.  The  Daily time frame ,the Price is below  the MA&#8217;s and pointing down, the Bears gained but gave up all their gains   towards the   close which signifies some strength during the initial stage. The Patterns are suggesting lower lows are expected. The Hourly  time frame, the   Price is mildly  below the  MA&#8217;s and pointing  down,  the Oscillators are suggesting a downside bias with a lot of strength. The Patterns are suggesting lower lows are expected. The 15min time frame, suggesting a choppy session until the break, 15975/16025  are the Critical  levels to watch to maintain the Bearish Outlook. The  High/ Low for the Week may be limited 16175-16265/5825-15675  levels. The Opening Price Principles   are Mixed , so Cautious approach is needed until the Price breaks out of Zone 2 levels and High-Low time does not gives us good signals.<br />
BULLS &amp; BEARS :  Get the full report by visiting Precise Trader for a Free Trial.<br />
Today&#8217;s Strategies:   Get the full report by visiting Precise Trader for a Free Trial.</p>
<p>&nbsp;</p>
<p><span style="text-decoration: underline"><strong>USDJPY</strong></span></p>
<p>USDJPY closed @ 7925 which was BELOW the open and breached the previous day&#8217;s low. The High was 5 pips from Precise Trader&#8217;s Res Zone 1 and the Low was PRECISELY at Precise Trader&#8217;s Sup Zone 5 (U Turn Zone).   The Hourly Oscillators are Bearish and the Price is Below the MA, so the Bulls have to be Sidelined. Hourly Trend is Limited Down while 8035 holds and Daily Trend is Sideways Down while 8225 holds, so expect the Price to have a Minimum Downside and the Bears have to be Cautious.  The  Daily time frame ,the Price is below  the MA&#8217;s and  pointing down, the Bears gained  aggressively towards the close which signifies some more weakness but it is trading at critical levels. The Patterns are suggesting lower lows are expected  . The Hourly  time frame, the   Price is below the MA&#8217;s and pointing down,  the Oscillators are suggesting a downside bias . The Patterns are suggesting  lower lows are expected. The 15min time frame, suggesting a choppy session until the break, 7965/8035  are the Critical  levels to watch to maintain the Bearish Outlook. The  High/ Low for the Week  may be limited to 8175-8225/ 7850-7725  levels. The Opening Price Principles  are Mixed , so Cautious approach is needed until the Price breaks out of Zone 2 levels and High-Low time does not gives us good signals.<br />
BULLS &amp; BEARS :  Get the full report by visiting Precise Trader for a Free Trial.<br />
Today&#8217;s Strategies:   Get the full report by visiting Precise Trader for a Free Trial.</p>
<p>&nbsp;</p>
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		<title>Forecast on USD Minors (USDCHF, AUDUSD, USDCAD)</title>
		<link>http://www.forexnews.com/2011/07/forecast-on-usd-minors-usdchf-audusd-usdcad-3/</link>
		<comments>http://www.forexnews.com/2011/07/forecast-on-usd-minors-usdchf-audusd-usdcad-3/#comments</comments>
		<pubDate>Tue, 12 Jul 2011 06:17:30 +0000</pubDate>
		<dc:creator>Rajoo C</dc:creator>
				<category><![CDATA[AUD]]></category>
		<category><![CDATA[CAD]]></category>
		<category><![CDATA[CHF]]></category>
		<category><![CDATA[Contributors]]></category>
		<category><![CDATA[Currencies]]></category>
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		<guid isPermaLink="false">http://www.forexnews.com/?p=60515</guid>
		<description><![CDATA[WebFX2_12Jul11USDCHF USDCHF closed @ 8360 which was BELOW the open and was within prior day&#8217;s trading range. The High was PRECISELY at Precise Trader&#8217;s Res Zone 1 and the Low was 5 pips from Precise Trader&#8217;s Sup Zone 1.   The Hourly Oscillators are Bearish and the Price is Mildly Below the MA, so the Bulls [...]]]></description>
			<content:encoded><![CDATA[<p><span style="text-decoration: underline"><strong><a href="http://www.forexnews.com/2011/07/forecast-on-usd-minors-usdchf-audusd-usdcad-3/webfx2_12jul11/" rel="attachment wp-att-60516">WebFX2_12Jul11</a>USDCHF</strong></span></p>
<p>USDCHF closed @ 8360 which was BELOW the open and was within prior day&#8217;s trading range. The High was PRECISELY at Precise Trader&#8217;s Res Zone 1 and the Low was 5 pips from Precise Trader&#8217;s Sup Zone 1.   The Hourly Oscillators are Bearish and the Price is Mildly Below the MA, so the Bulls have to be Sidelined. Hourly Trend is Sideways while 8475 holds and Daily Trend is also Sideways while 8585 holds, so expect the Price to be Choppy until the Breakout.  The  Daily time frame ,the Price is within  the MA&#8217;s and pointing horizontal , the Bears gained mildly  towards the close which signifies a choppy session . The Patterns are suggesting a range trading until the break . The Hourly  time frame, the Price is mildly below the MA&#8217;s and pointing horizontal , the Oscillators are suggesting a downside  bias. The Patterns are suggesting a range trading until the break . The 15min time frame, suggesting a choppy session until the break, 8405-75 are the Critical  levels to watch to maintain the Bearish Outlook. The  High/Low  for the Week may  be limited to  8485-8550/ 8275-8175 levels. The Opening Price Principles  are Mixed , so Cautious approach is needed until the Price breaks out of Zone 2 levels and High-Low time does not gives us good signals.<br />
BULLS:   8325   8265   8205       BEARS:   8425   8465   8525<br />
Today&#8217;s Strategies:  Trade @ the Bulls &amp; Bears Levels Only.               </p>
<p>&nbsp;</p>
<p><span style="text-decoration: underline"><strong>AUDUSD</strong></span></p>
<p>AUDUSD closed @ 10655 which was BELOW the open and breached the previous day&#8217;s low. The High was 15 pips from Precise Trader&#8217;s Res Zone 1 and the Low was PRECISELY at Precise Trader&#8217;s Sup Zone 5 (U Turn Zone).   The Hourly Oscillators are Bearish and the Price is Mildly Below the MA, so the Bulls have to be Sidelined. Hourly Trend is Sideways Down while 10760 holds and Daily Trend is Sideways while 10520 holds, so expect the Price to be Choppy with a  potential to Break Lower.  The  Daily time frame ,the Price is within  the MA&#8217;s but horizontal , the Bears gained towards the Close but was within range which signifies a choppy session . The Patterns are suggesting a range trading  until the break. The Hourly  time frame, the Price is mildly below the MA&#8217;s and pointing horizontal,  the Oscillators are suggesting  a downside  bias. The Patterns are suggesting a range trading until the break. The 15min time frame, suggesting a choppy session until the break but the downside may be limited,10705-60  are the Critical  levels to watch to maintain the Bearish  Outlook The High/ Low for the Week may be limited  to 10795-10885/ 10575-25 levels. The Opening Price Principles  are suggesting that AUD is Weak against four  crosses, so Cautious approach is needed and High-Low time does not give us good signals.<br />
BULLS &amp; BEARS :  Get the full report by visiting Precise Trader for a Free Trial.<br />
Today&#8217;s Strategies:   Get the full report by visiting Precise Trader for a Free Trial.</p>
<p>&nbsp;</p>
<p><span style="text-decoration: underline"><strong>USDCAD</strong></span></p>
<p>USDCAD closed @ 9690 which was ABOVE the open and breached the previous day&#8217;s high.  The High was PRECISELY at Precise Trader&#8217;s Hrly Level and the Low was PRECISELY at Precise Trader&#8217;s Sup Zone 1.   The Hourly Oscillators are Bullish and the Price is Within the MA, so the Bears have to be Sidelined. Hourly Trend is Sideways while 9600 holds and Daily Trend is also Sideways while 9765 holds, so expect the Price to be Choppy until the Breakout.  The  Daily time frame ,the Price is  within the MA&#8217;s  but pointing horizontal, the Bulls  gained  towards the Close but was within range. The Patterns are suggesting a range trading until the break. The Hourly  time frame, the Price is within the MA&#8217;s and pointing horizontal, the Oscillators are suggesting an upside  bias. The Patterns are suggesting a choppy session until the break. The 15min time frame, suggesting a choppy session until the break , 9645-00  are the Critical  levels to watch to maintain the Bullish Outlook. The High / Low for the Week may be limited to 9770-9825/ 9550-00 levels. The Opening Price Principles are  Mixed , so Cautious approach is needed until the Price breaks out of Zone 2 levels and High-Low time does not give us good signals.<br />
BULLS &amp; BEARS :  Get the full report by visiting Precise Trader for a Free Trial.<br />
Today&#8217;s Strategies:   Get the full report by visiting Precise Trader for a Free Trial.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
]]></content:encoded>
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		<title>Forecast on Spot Gold (Spot Gold, NZDUSD, USDSGD)</title>
		<link>http://www.forexnews.com/2011/07/forecast-on-spot-gold-spot-gold-nzdusd-usdsgd-2/</link>
		<comments>http://www.forexnews.com/2011/07/forecast-on-spot-gold-spot-gold-nzdusd-usdsgd-2/#comments</comments>
		<pubDate>Tue, 12 Jul 2011 06:12:27 +0000</pubDate>
		<dc:creator>Rajoo C</dc:creator>
				<category><![CDATA[Contributors]]></category>
		<category><![CDATA[Currencies]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[NZD]]></category>
		<category><![CDATA[Technical Outlook]]></category>
		<category><![CDATA[USD]]></category>

		<guid isPermaLink="false">http://www.forexnews.com/?p=60512</guid>
		<description><![CDATA[SPOT GOLD SPOT GOLD  closed @ 15540 which was ABOVE the open and breached the previous day&#8217;s high. The High was 1 Dollars from Precise Trader&#8217;s Res Zone 5 (U Turn Zone) and the Low was 0.5 Dollars from Precise Trader&#8217;s Sup Zone 1.   The Hourly Oscillators are Bullish and the Price is Above the [...]]]></description>
			<content:encoded><![CDATA[<p><span style="text-decoration: underline"><strong>SPOT GOLD</strong></span></p>
<p>SPOT GOLD  closed @ 15540 which was ABOVE the open and breached the previous day&#8217;s high. The High was 1 Dollars from Precise Trader&#8217;s Res Zone 5 (U Turn Zone) and the Low was 0.5 Dollars from Precise Trader&#8217;s Sup Zone 1.   The Hourly Oscillators are Bullish and the Price is Above the MA, so the Bears have to be Sidelined. Hourly Trend is Sideways while 15345 holds and Daily Trend is Sideways Up while 14785 holds, so expect the price to be Choppy until Breakout.  The Daily time frame, the Price is above  the MA&#8217;s and pointing up, the  Bulls gained towards the Close which signifies some more strength but the Price is trading at critical levels. The Patterns are suggesting a range trading until the break . The Hourly time frame, the Price is above the MA&#8217;s  and pointing up, the Oscillators are suggesting an upside bias. The Patterns are suggesting a range trading until the break .The High /Low for the Week may be limited to 15580-15715/15240-15140 levels. The 15min time frame, suggesting that the high may have been seen, 15480-15345  are the Critical  levels to watch to maintain the Bullish Outlook.<br />
BULLS:   15415   15340   15245       BEARS:   15575   15645   15715<br />
Today&#8217;s Strategies:  SHORT near   15575   15615   with a tight stop and   5-8 pts    price targets.</p>
<p>&nbsp;</p>
<p><span style="text-decoration: underline"><strong>NZDUSD</strong></span></p>
<p>NZDUSD closed @ 8290 which was BELOW the open and was within prior day&#8217;s trading range. The High was 20 pips from Precise Trader&#8217;s Res Zone 1 and the Low was 10 pips from Precise Trader&#8217;s Sup Zone 5 (U Turn Zone).   The Hourly Oscillators are Bearish and the Price is Mildly Below the MA, so the Bulls have to be Sidelined. Hourly Trend is Sideways Down while 8335 holds and Daily Trend is Sideways while 8100 holds, so expect the price to be Choppy with a  potential to Break Lower.  The  Daily time frame ,the Price is within the MA&#8217;s and pointing horizontal, the Bears gained towards the Close which signifies some more weakness. The Patterns are suggesting lower lows are expected. The Hourly  time frame, the Price is mildly below the MA&#8217;s and pointing horizontal , the Oscillators are suggesting a downside bias. The Patterns are suggesting lower lows are expected but cautious approach is needed. The 15min time frame, suggesting a choppy session until the break , 8315-35 are the Critical  levels to watch to maintain the Bearish Outlook. The High /Low  for the Week may be limited to 8305-75/8125-8000 levels. The Opening Price Principles are suggesting that NZD is weak against all the Crosses so the Bulls may have to be sidelined and High-Low time supports that view.<br />
BULLS &amp; BEARS :  Get the full report by visiting Precise Trader for a Free Trial.<br />
Today&#8217;s Strategies:   Get the full report by visiting Precise Trader for a Free Trial.</p>
<p>&nbsp;</p>
<p><span style="text-decoration: underline"><strong>USDSGD</strong></span></p>
<p>USDSGD closed @ 12270 which was ABOVE the open and breached the previous day&#8217;s high.  The High was 20 pips from Precise Trader&#8217;s Res Tgt 2 and the Low was 25 pips from Precise Trader&#8217;s Sup Zone 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 12185 holds and Daily Trend is Sideways Down while 12385 holds, so expect the price to be Choppy with a  potential to Break Higher.  The  Daily time frame ,the Price is below the MA&#8217;s , the Bulls gained towards the Close  which signifies some more strength. The Patterns are suggesting a range trading until the break . The Hourly time frame, the Price is within  the MA&#8217;s and pointing horizontal, the Oscillators are suggesting an upside bias. The Patterns are suggesting a range trading until the break. The 15min time frame, suggesting the break of 12305 is needed for the Bulls , 1220/12185  are the Critical  levels to watch to maintain the Bullish Outlook. The High/Low for the Week may be limited to 12350-12460/12205-12175  levels. The Opening Price Principles are Mixed , so Cautious approach is needed until the Price breaks out of Zone 2 levels and High-Low time does not gives us good signals.<br />
BULLS &amp; BEARS :  Get the full report by visiting Precise Trader for a Free Trial.<br />
Today&#8217;s Strategies:   Get the full report by visiting Precise Trader for a Free Trial.</p>
]]></content:encoded>
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		<title>Forecast on USD Minors (USDCHF, AUDUSD, USDCAD)</title>
		<link>http://www.forexnews.com/2011/07/forecast-on-usd-minors-usdchf-audusd-usdcad-2/</link>
		<comments>http://www.forexnews.com/2011/07/forecast-on-usd-minors-usdchf-audusd-usdcad-2/#comments</comments>
		<pubDate>Mon, 11 Jul 2011 06:37:36 +0000</pubDate>
		<dc:creator>Rajoo C</dc:creator>
				<category><![CDATA[AUD]]></category>
		<category><![CDATA[CAD]]></category>
		<category><![CDATA[Contributors]]></category>
		<category><![CDATA[Currencies]]></category>
		<category><![CDATA[Technical Outlook]]></category>
		<category><![CDATA[USD]]></category>

		<guid isPermaLink="false">http://www.forexnews.com/?p=60073</guid>
		<description><![CDATA[USDCHF USDCHF closed @ 8365 which was BELOW the open and breached the previous day&#8217;s low. The High was 10 pips from Precise Trader&#8217;s Hrly Level and the Low was PRECISELY at Precise Trader&#8217;s Sup Tgt 2.   The Hourly Oscillators are Bearish and the Price is Mildly Below the MA, so the Bulls have to [...]]]></description>
			<content:encoded><![CDATA[<p><span style="text-decoration: underline"><strong>USDCHF</strong></span></p>
<p>USDCHF closed @ 8365 which was BELOW the open and breached the previous day&#8217;s low. The High was 10 pips from Precise Trader&#8217;s Hrly Level and the Low was PRECISELY at Precise Trader&#8217;s Sup Tgt 2.   The Hourly Oscillators are Bearish and the Price is Mildly Below the MA, so the Bulls have to be Sidelined. Hourly Trend is Sideways while 8485 holds and Daily Trend is also Sideways while 8585 holds, so expect the Price to be Choppy until the Breakout.  The  Daily time frame ,the Price is within  the MA&#8217;s and pointing horizontal , the Bears gained  towards the close which signifies some more weakness . The Patterns are suggesting a range trading until the break . The Hourly  time frame, the Price is mildly below the MA&#8217;s and pointing horizontal , the Oscillators are suggesting a downside  bias. The Patterns are suggesting a range trading until the break . The 15min time frame, suggesting a choppy session until the break, 8410-85 are the Critical  levels to watch to maintain the Bearish Outlook. The  High/Low  for the Week may  be limited to  8485-8550/ 8275-8175 levels. The Opening Price Principles  are Mixed , so Cautious approach is needed until the Price breaks out of Zone 2 levels and High-Low time does not gives us good signals.<br />
BULLS:   8325   8265   8205       BEARS:   8440   8485   8525<br />
Today&#8217;s Strategies:  Trade @ the Bulls &amp; Bears Levels Only.               </p>
<p>&nbsp;</p>
<p><span style="text-decoration: underline"><strong>AUDUSD</strong></span></p>
<p>AUDUSD closed @ 10755 which was BELOW the open and was within prior day&#8217;s trading range. The High was 10 pips from Precise Trader&#8217;s Res Zone 1 and the Low was 15 pips from Precise Trader&#8217;s Sup Zone 1.   The Hourly Oscillators are Bearish and the Price is Within the MA, so the Bulls have to be Sidelined. Hourly Trend is Sideways while 10625 holds and Daily Trend is also Sideways while 10520 holds, so expect the Price to be Choppy until the Breakout.  The  Daily time frame ,the Price is above  the MA&#8217;s but horizontal , the Bears gained towards the Close but was within range which signifies a choppy session . The Patterns are suggesting a range trading  until the break. The Hourly  time frame, the Price is within the MA&#8217;s and pointing horizontal,  the Oscillators are suggesting  a downside  bias. The Patterns are suggesting a range trading until the break. The 15min time frame, suggesting a choppy session until the break but the downside may be limited,10645-25  are the Critical  levels to watch to maintain the Bullish  Outlook The High/ Low for the Week may be limited  to 10795-10885/ 10575-25 levels. The Opening Price Principles  are suggesting that AUD is Weak against three crosses, so Cautious approach is needed and High-Low time supports that view.<br />
BULLS &amp; BEARS :  Get the full report by visiting Precise Trader for a Free Trial.<br />
Today&#8217;s Strategies:   Get the full report by visiting Precise Trader for a Free Trial.</p>
<p>&nbsp;</p>
<p><span style="text-decoration: underline"><strong>USDCAD</strong></span></p>
<p>USDCAD closed @ 9630 which was ABOVE the open and was within prior day&#8217;s trading range.  The High was 15 pips from Precise Trader&#8217;s Hrly Level and the Low was PRECISELY at Precise Trader&#8217;s Sup Zone 1.   The Hourly Oscillators are Bullish and the Price is Within the MA, so the Bears have to be Sidelined. Hourly Trend is Sideways while 9700 holds and Daily Trend is also Sideways while 9765 holds, so expect the Price to be Choppy until the Breakout.  The  Daily time frame ,the Price is below the MA&#8217;s  but pointing horizontal, the Bulls  gained  towards the Close but was within range. The Patterns are suggesting a range trading until the break. The Hourly  time frame, the Price is within the MA&#8217;s and pointing down, the Oscillators are suggesting an upside  bias. The Patterns are suggesting a choppy session until the break. The 15min time frame, suggesting a choppy session until the break , 9675-9700  are the Critical  levels to watch to maintain the Bearish Outlook. The High / Low for the Week may be limited to 9770-9825/ 9550-00 levels. The Opening Price Principles are  Mixed , so Cautious approach is needed until the Price breaks out of Zone 2 levels and High-Low time does not give us good signals.<br />
BULLS &amp; BEARS :  Get the full report by visiting Precise Trader for a Free Trial.<br />
Today&#8217;s Strategies:   Get the full report by visiting Precise Trader for a Free Trial.</p>
<p>&nbsp;</p>
]]></content:encoded>
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		<title>Forecast on USD Majors (EURUSD, GBPUSD, USDJPY)</title>
		<link>http://www.forexnews.com/2011/07/forecast-on-usd-majors-eurusd-gbpusd-usdjpy-2/</link>
		<comments>http://www.forexnews.com/2011/07/forecast-on-usd-majors-eurusd-gbpusd-usdjpy-2/#comments</comments>
		<pubDate>Mon, 11 Jul 2011 06:35:40 +0000</pubDate>
		<dc:creator>Rajoo C</dc:creator>
				<category><![CDATA[Contributors]]></category>
		<category><![CDATA[Currencies]]></category>
		<category><![CDATA[USD]]></category>

		<guid isPermaLink="false">http://www.forexnews.com/?p=60038</guid>
		<description><![CDATA[EURUSD EURUSD closed @ 14265 which was BELOW the open and was within prior day&#8217;s trading range. The High was 25 pips from Precise Trader&#8217;s Res Zone 1 and the Low was 5 pips from Precise Trader&#8217;s Sup Zone 5 (U Turn Zone).   The Hourly Oscillators are Bearish and the Price is Below the MA, [...]]]></description>
			<content:encoded><![CDATA[<p><strong><span style="text-decoration: underline"><em>EURUSD</em></span></strong></p>
<p>EURUSD closed @ 14265 which was BELOW the open and was within prior day&#8217;s trading range. The High was 25 pips from Precise Trader&#8217;s Res Zone 1 and the Low was 5 pips from Precise Trader&#8217;s Sup Zone 5 (U Turn Zone).   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 14415 holds and Daily Trend is Sideways while 14600 holds, so expect the Price to be Choppy with a  potential to Break Lower.  The  Daily time frame ,the Price is below the MA&#8217;s and pointing  horizontal , the Bears  gained  towards the Close which signifies some more weakness . The Patterns are suggesting lower lows are expected. The Hourly  time frame, the Price is below  the MA&#8217;s and pointing down , the Oscillators are suggesting  a downside  bias. The Patterns are suggesting lower lows are expected. The 15min time frame, suggesting a choppy session with a potential to break lower,14320/14415 are the Critical  levels to watch to maintain the Bearish Outlook. The High/ Low  for the Week  may be limited to 14465-14500/14075-13935  levels.  The Opening Price Principles are suggesting that EUR is Weak against three crosses, so Cautious approach is needed  and High-Low time says that the high for the day may have been seen.<br />
BULLS:   14130   14000   14035       BEARS:   14275   14320   14345<br />
Today&#8217;s Strategies:  SHORT near   14245   14275   with a tight stop with a 35-50 pips price target.      </p>
<p>&nbsp;</p>
<p><span style="text-decoration: underline"><strong>GBPUSD</strong></span></p>
<p>GBPUSD closed @ 16060 which was ABOVE the open and breached the previous day&#8217;s high. The High was 10 pips from Precise Trader&#8217;s Res Tgt 2 and the Low was PRECISELY at Precise Trader&#8217;s Sup Zone 1.   The Hourly Oscillators are MIXED and the Price is Within the MA, so CAUTIOUS  approach is needed. Hourly Trend is Turning Down while 16145 holds and Daily Trend is Sideways while 16185 holds, so expect the Price  to Turn Down Soon, so the Bulls may stay Sidelined and the Bears get ready to pull the Trigger.  The  Daily time frame ,the Price is below  the MA&#8217;s and pointing down, the Bulls gained towards the   close  but was within range which signifies a choppy session until the break. The Patterns are suggesting a range trading until the break. The Hourly  time frame, the   Price is within the  MA&#8217;s and pointing horizontal,  the Oscillators are suggesting mixed signals. The Patterns are suggesting a range trading  until the break. The 15min time frame, suggesting a choppy session until the break, 16080/16145 are the Critical  levels to watch to maintain the Bearish Outlook. The  High/ Low for the Week may be limited 16175-16265/15915-15825 levels. The Opening Price Principles   are Mixed , so Cautious approach is needed until the Price breaks out of Zone 2 levels and High-Low time does not gives us good signals.<br />
BULLS &amp; BEARS :  Get the full report by visiting Precise Trader for a Free Trial.<br />
Today&#8217;s Strategies:   Get the full report by visiting Precise Trader for a Free Trial.</p>
<p>&nbsp;</p>
<p><span style="text-decoration: underline"><strong>USDJPY</strong></span></p>
<p>USDJPY closed @ 8065 which was BELOW the open and breached the previous day&#8217;s low. The High was PRECISELY at Precise Trader&#8217;s Res Zone 1 and the Low was PRECISELY at Precise Trader&#8217;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 8135 holds and Daily Trend is also Sideways while 8225 holds, so expect the Price to be Choppy until the Breakout.  The  Daily time frame ,the Price is within  the MA&#8217;s and  pointing horizontal, the Bears gained  towards the close but was within range which signifies a choppy session until the break . The Patterns are suggesting a Range trading until the break  . The Hourly  time frame, the   Price is within the MA&#8217;s and pointing  horizontal,  the Oscillators are suggesting  a downside bias. The Patterns are suggesting a range trading until the break. The 15min time frame, suggesting a choppy session until the break, 8105-35  are the Critical  levels to watch to maintain the Bearish Outlook. The  High/ Low for the Week  may be limited to 8175-8225/ 7955 levels. The Opening Price Principles  are Mixed , so Cautious approach is needed until the Price breaks out of Zone 2 levels and High-Low time does not gives us good signals.<br />
BULLS &amp; BEARS :  Get the full report by visiting Precise Trader for a Free Trial.<br />
Today&#8217;s Strategies:   Get the full report by visiting Precise Trader for a Free Trial.</p>
]]></content:encoded>
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		<item>
		<title>Forecast on USD Minors (USDCHF, AUDUSD, USDCAD)</title>
		<link>http://www.forexnews.com/2011/06/forecast-on-usd-minors-usdchf-audusd-usdcad/</link>
		<comments>http://www.forexnews.com/2011/06/forecast-on-usd-minors-usdchf-audusd-usdcad/#comments</comments>
		<pubDate>Thu, 30 Jun 2011 13:00:34 +0000</pubDate>
		<dc:creator>Rajoo C</dc:creator>
				<category><![CDATA[Contributors]]></category>
		<category><![CDATA[USD]]></category>

		<guid isPermaLink="false">http://www.forexnews.com/?p=54923</guid>
		<description><![CDATA[USDCHF USDCHF closed @ 8345 which was ABOVE the open and was within prior day&#8217;s trading range. The High was PRECISELY at Precise Trader&#8217;s Res Tgt 1 and the Low was PRECISELY at Precise Trader&#8217;s Sup Zone 1.   The Hourly Oscillators are MIXED and the Price is Mildly Below the MA, so CAUTIOUS  approach is [...]]]></description>
			<content:encoded><![CDATA[<p><strong><span style="text-decoration: underline;">USDCHF</span></strong></p>
<p>USDCHF closed @ 8345 which was ABOVE the open and was within prior day&#8217;s trading range. The High was PRECISELY at Precise Trader&#8217;s Res Tgt 1 and the Low was PRECISELY at Precise Trader&#8217;s Sup Zone 1.   The Hourly Oscillators are MIXED and the Price is Mildly Below the MA, so CAUTIOUS  approach is needed. Hourly Trend is Sideways while 8430 holds and Daily Trend is Sideways Down while 8595 holds, so expect the Price to be Choppy until the Breakout.  The  Daily time frame ,the Price is below  the MA&#8217;s and pointing down , the Bulls  gained but gave up mildly  towards the close  but trading at critical levels which signifies a choppy session until the break . The Patterns are suggesting a range trading until the break. The Hourly  time frame, the Price is mildly below the MA&#8217;s and pointing down , the Oscillators are suggesting a  mixed signals. The Patterns are suggesting a range trading until the break . The 15min time frame, suggesting a choppy session until the break, 8390/8430  are the Critical  levels to watch to maintain the Bearish Outlook. The  High/Low  for the Week may  be limited to 8515-95/8230-8080 levels. The Opening Price Principles  are Mixed , so Cautious approach is needed until the Price breaks out of Zone 2 levels and High-Low time does not gives us good signals.</p>
<p>BULLS:   8265   8215   8175       BEARS:   8355   8405   8435</p>
<p>Today&#8217;s Strategies:  Trade @ the Bulls &amp; Bears Levels Only.               </p>
<p><strong><span style="text-decoration: underline;">AUDUSD</span></strong></p>
<p>AUDUSD closed @ 10680 which was ABOVE the open and breached the previous day&#8217;s high. The High was 5 pips from Precise Trader&#8217;s Res Tgt 3 and the Low was 5 pips from Precise Trader&#8217;s Sup Zone 1.   The Hourly Oscillators are Bullish and the Price is Above the MA, so the Bears have to be Sidelined. Hourly Trend is Sideways Up while 10590 holds and Daily Trend is Turning Up while 10395 holds, so expect the Price to be Choppy with a  potential to Break Higher.  The  Daily time frame ,the Price is above  the MA&#8217;s but horizontal , the Bulls gained aggressively towards the Close which signifies some strength at the initial stage of the day . The Patterns are suggesting higher highs are expected. The Hourly  time frame, the Price is above the MA&#8217;s and pointing up,  the Oscillators are suggesting an upside bias. The Patterns are suggesting higher highs are expected. The 15min time frame, suggesting higher highs are expected but cautious approach is needed,10630/10590 are the Critical  levels to watch to maintain the Bullish  Outlook The High/ Low for the Week may be limited  to 10885-11020 /10220/10150  levels. The Opening Price Principles are suggesting that AUD  is strong only against two crosses , so Cautious approach is needed for the Bulls and High-Low time does not gives us good signals.</p>
<p>BULLS &amp; BEARS :  Get the full report by visiting Precise Trader for a Free Trial.</p>
<p>Today&#8217;s Strategies:   Get the full report by visiting Precise Trader for a Free Trial</p>
<p><strong><span style="text-decoration: underline;">USDCAD</span></strong></p>
<p>USDCAD closed @ 9695 which was BELOW the open and breached the previous day&#8217;s low.  The High was 10 pips from Precise Trader&#8217;s Res Zone 1 and the Low was PRECISELY at Precise Trader&#8217;s Sup Zone 5 (U Turn Zone).   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 9780 holds and Daily Trend is Sideways Up while 9545 holds, so expect the Price to be Choppy with a  potential to Break Lower.  The  Daily time frame ,the Price is within the MA&#8217;s  but horizontal, the Bears gained aggressively  towards the Close but was within range which signifies a choppy session  during the initial stage of the day. The Patterns are suggesting a range trading until the break. The Hourly  time frame, the Price is below the MA&#8217;s and pointing down, the Oscillators are suggesting a downside bias. The Patterns are suggesting the downside may be limited . The 15min time frame, suggesting a limited downside bias , 9740-80  are the Critical  levels to watch to maintain the Bearish Outlook. The High / Low for the Week may be limited to 9975-10065/ 9570-10 levels. The Opening Price Principles are  Mixed , so Cautious approach is needed until the Price breaks out of Zone 2 levels and High-Low time does not give us good signals.</p>
<p>BULLS &amp; BEARS :  Get the full report by visiting Precise Trader for a Free Trial</p>
<p>Today&#8217;s Strategies:   Get the full report by visiting Precise Trader for a Free Trial.</p>
]]></content:encoded>
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		<title>Forecast on Spot Gold (Spot Gold, NZDUSD, USDSGD)</title>
		<link>http://www.forexnews.com/2011/06/forecast-on-spot-gold-spot-gold-nzdusd-usdsgd/</link>
		<comments>http://www.forexnews.com/2011/06/forecast-on-spot-gold-spot-gold-nzdusd-usdsgd/#comments</comments>
		<pubDate>Wed, 29 Jun 2011 12:01:49 +0000</pubDate>
		<dc:creator>Rajoo C</dc:creator>
				<category><![CDATA[Contributors]]></category>
		<category><![CDATA[Currencies]]></category>
		<category><![CDATA[Exotics]]></category>
		<category><![CDATA[Forex News]]></category>
		<category><![CDATA[NZD]]></category>
		<category><![CDATA[USD]]></category>

		<guid isPermaLink="false">http://www.forexnews.com/?p=52766</guid>
		<description><![CDATA[SPOT GOLD SPOT GOLD  closed @ 15015 which was ABOVE the open and was within prior day&#8217;s trading range. The High was 3 Dollars from Precise Trader&#8217;s Res Tgt 1 and the Low was 2 Dollars from Precise Trader&#8217;s Sup Zone 1.   The Hourly Oscillators are MIXED and the Price is Below the MA, so [...]]]></description>
			<content:encoded><![CDATA[<p><strong><span style="text-decoration: underline">SPOT GOLD</span></strong></p>
<p>SPOT GOLD  closed @ 15015 which was ABOVE the open and was within prior day&#8217;s trading range. The High was 3 Dollars from Precise Trader&#8217;s Res Tgt 1 and the Low was 2 Dollars from Precise Trader&#8217;s Sup Zone 1.   The Hourly Oscillators are MIXED and the Price is Below the MA, so CAUTIOUS  approach is needed. Hourly Trend is Limited Down while 15165 holds and Daily Trend is Turning Down while 15590 holds, so expect the price to have a Minimum Downside and the Bears have to be Cautious.  The Daily time frame, the Price is within the MA&#8217;s and pointing horizontal, the Bulls gained but gave up mildly towards the Close which signifies a range trading in the initial stage of the day. The Patterns are suggesting the downside may be limited . The Hourly time frame, the Price is below the MA&#8217;s  and pointing down, the Oscillators are suggesting a limited downside bias. The Patterns are suggesting a range trading until the break .The High /Low for the Week may be limited to 15115-15245/14815-14745 levels. The 15min time frame, suggesting a choppy session until the break, 15075/15165  are the Critical  levels to watch to maintain the Bearish Outlook.</p>
<p>BULLS:   14975   14915   14845       BEARS:   15065   15145   15215</p>
<p>Today&#8217;s Strategies:  Trade @ the Bulls &amp; Bears Levels Only.</p>
<p><strong><span style="text-decoration: underline">NZDUSD</span></strong></p>
<p>NZDUSD closed @ 8120 which was ABOVE the open and breached the previous day&#8217;s high. The High was 10 pips from Precise Trader&#8217;s Res Tgt 2 and the Low was PRECISELY at Precise Trader&#8217;s Sup Zone 1.   The Hourly Oscillators are Bullish but Weak and the Price is Within the MA, so CAUTIOUS  approach is needed for the Bulls. Hourly Trend is Sideways while 8215 holds and Daily Trend is Turning Down while 8305 holds, so expect the price to be Choppy until Breakout.  The  Daily time frame ,the Price is within the MA&#8217;s and pointing horizontal, the Bulls gained towards the Close which signifies a choppy session during the initial stage of the day. The Patterns are suggesting a range trading until the break . The Hourly  time frame, the Price is within the MA&#8217;s and pointing horizontal , the Oscillators are suggesting a weak upside bias. The Patterns are suggesting a range trading until the break . The 15min time frame, suggesting a choppy session with a limited upside , 8165/8215  are the Critical  levels to watch to maintain the Bearish Outlook. The High /Low  for the Week may be limited to  8165-8215/7975-20 levels. The Opening Price Principles are Mixed , so Cautious approach is needed until the Price breaks out of Zone 2 levels and High-Low time does not gives us good signals.</p>
<p>BULLS &amp; BEARS :  Get the full report by visiting Precise Trader for a Free Trial.</p>
<p>Today&#8217;s Strategies:   Get the full report by visiting Precise Trader for a Free Trial.</p>
<p><strong><span style="text-decoration: underline">USDSGD</span></strong></p>
<p>USDSGD closed @ 12385 which was BELOW the open and was within prior day&#8217;s trading range.  The High was 10 pips from Precise Trader&#8217;s Res Zone 1 and the Low was PRECISELY at Precise Trader&#8217;s Sup Zone 1.   The Hourly Oscillators are Bullish but Weak and the Price is Mildly Above the MA, so CAUTIOUS  approach is needed for the Bulls. Hourly Trend is Sideways Up while 12295 holds and Daily Trend is Sideways while 12265 holds, so expect the price to be Choppy with a  potential to Break Higher.  The  Daily time frame ,the Price is within the MA&#8217;s , the Bears gained towards the Close but was within a range which signifies a choppy session during the initial stage of the day. The Patterns are suggesting a range trading until the break . The Hourly time frame, the Price is mildly above the MA&#8217;s and pointing horizontal, the Oscillators are suggesting a weak upside bias. The Patterns are suggesting a range trading until the break . The 15min time frame, suggesting a choppy session until the break but the downside may be limited , 12365-30  are the Critical  levels to watch to maintain the Bullish Outlook. The High/Low for the Week may be limited to 12500-35/12335-12265   levels. The Opening Price Principles are Mixed , so Cautious approach is needed until the Price breaks out of Zone 2 levels and High-Low time does not gives us good signals.</p>
<p>BULLS &amp; BEARS :  Get the full report by visiting Precise Trader for a Free Trial</p>
<p>Today&#8217;s Strategies:   Get the full report by visiting Precise Trader for a Free Trial.</p>
]]></content:encoded>
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		<title>Forecast on USD Majors (EURUSD, GBPUSD, USDJPY)</title>
		<link>http://www.forexnews.com/2011/06/forecast-on-usd-majors-eurusd-gbpusd-usdjpy/</link>
		<comments>http://www.forexnews.com/2011/06/forecast-on-usd-majors-eurusd-gbpusd-usdjpy/#comments</comments>
		<pubDate>Wed, 29 Jun 2011 12:00:28 +0000</pubDate>
		<dc:creator>Rajoo C</dc:creator>
				<category><![CDATA[Contributors]]></category>
		<category><![CDATA[Currencies]]></category>
		<category><![CDATA[EUR]]></category>
		<category><![CDATA[Forex News]]></category>
		<category><![CDATA[GBP]]></category>
		<category><![CDATA[JPY]]></category>
		<category><![CDATA[USD]]></category>

		<guid isPermaLink="false">http://www.forexnews.com/?p=52762</guid>
		<description><![CDATA[EURUSD EURUSD closed @ 14370 which was ABOVE the open and breached the previous day&#8217;s high. The High was PRECISELY at Precise Trader&#8217;s Res Tgt 2 and the Low was 10 pips from Precise Trader&#8217;s Sup Zone 1.   The Hourly Oscillators are Bullish but Weak and the Price is Within the MA, so CAUTIOUS  approach [...]]]></description>
			<content:encoded><![CDATA[<p><strong><span style="text-decoration: underline">EURUSD</span></strong></p>
<p>EURUSD closed @ 14370 which was ABOVE the open and breached the previous day&#8217;s high. The High was PRECISELY at Precise Trader&#8217;s Res Tgt 2 and the Low was 10 pips from Precise Trader&#8217;s Sup Zone 1.   The Hourly Oscillators are Bullish but Weak and the Price is Within the MA, so CAUTIOUS  approach is needed for the Bulls. Hourly Trend is Turning Down while 14480 holds and Daily Trend is Sideways Down while 14460 holds, so expect the Price  to Turn Down Soon, so the Bulls may stay Sidelined and the Bears get ready to pull the Trigger.  The  Daily time frame ,the Price is within  the MA&#8217;s and pointing horizontal , the Bulls gained towards the Close which signifies a range trading with some strength at the initial stage of the day. The Patterns are suggesting the upside may be limited. The Hourly  time frame, the Price is within  the MA&#8217;s and pointing horizontal , the Oscillators are suggesting  a limited upside  bias. The Patterns are suggesting the upside may be limited. The 15min time frame, suggesting a choppy session with a potential to turn down soon,14315/14250  are the Critical  levels to watch to maintain the Bullish Outlook. The High/ Low  for the Week  may be limited to 14405-65/13945-13805 levels.  The Opening Price Principles  are Mixed , so Cautious approach is needed until the Price breaks out of Zone 2 levels and High-Low time does not gives us good signals.</p>
<p>BULLS:   14295   14225   14175       BEARS:   14400   14465   14505</p>
<p>Today&#8217;s Strategies:  SHORT near   14400   14465   with a tight stop with a 35-50 pips price target.</p>
<p><strong><span style="text-decoration: underline">GBPUSD</span></strong></p>
<p>GBPUSD closed @ 16000 which was ABOVE the open and was within prior day&#8217;s trading range. The High was PRECISELY at Precise Trader&#8217;s Res Tgt 1 and the Low was 15 pips from Precise Trader&#8217;s Sup Tgt 1.   The Hourly Oscillators are Bullish but Weak and the Price is Mildly Below the MA, so CAUTIOUS  approach is needed for the Bulls. Hourly Trend is Sideways while 16115 holds and Daily Trend is Sideways Down while 16385 holds, so expect the Price to be Choppy until the Breakout.  The  Daily time frame ,the Price is  below  the MA&#8217;s and pointing down, the Price closed unchanged towards  the close which signifies a choppy session during the  initial stage of the day. The Patterns are a range trading with a downside bias. The Hourly  time frame, the   Price is mildly below  the  MA&#8217;s and pointing  down ,  the Oscillators are suggesting a weak upside bias. The Patterns are suggesting a range trading  until the break. The 15min time frame, suggesting choppy session until the break , 1606016115 are the Critical  levels to watch to maintain the Bearish Outlook. The  High/ Low for the Week may be limited 16075-16130/ 15805-15645 levels. The Opening Price Principles  are Mixed , so Cautious approach is needed until the Price breaks out of Zone 2 levels and High-Low time does not gives us good signals.</p>
<p>BULLS &amp; BEARS :  Get the full report by visiting Precise Trader for a Free Trial.</p>
<p>Today&#8217;s Strategies:   Get the full report by visiting Precise Trader for a Free Trial.</p>
<p><strong><span style="text-decoration: underline">USDJPY</span></strong></p>
<p>USDJPY closed @ 8110 which was ABOVE the open and breached the previous day&#8217;s high.  The High was PRECISELY at Precise Trader&#8217;s Res Tgt 1 and the Low was PRECISELY at Precise Trader&#8217;s Sup Zone 1.   The Hourly Oscillators are Bullish and the Price is Above the MA, so the Bears have to be Sidelined. Hourly Trend is Turning Down while 8185 holds and Daily Trend is Sideways while 8225 holds, so expect the Price  to Turn Down Soon, so the Bulls may stay Sidelined and the Bears get ready to pull the Trigger.  The  Daily time frame ,the Price is within  the MA&#8217;s and  pointing horizontal, the Bulls gained but gave up mildly  towards the close  which signifies a choppy session until the break . The Patterns are suggesting a Range trading until the break  . The Hourly  time frame, the   Price is above the MA&#8217;s and pointing up,  the Oscillators are suggesting an upside bias. The Patterns are suggesting higher highs are expected but may be limited. The 15min time frame, suggesting a  choppy session until the break, 8050-00  are the Critical  levels to watch to maintain the Bullish Outlook. The  High/ Low for the Week  may be limited to 8175-8225/ 7955 levels. The Opening Price Principles  are Mixed , so Cautious approach is needed until the Price breaks out of Zone 2 levels and High-Low time does not gives us good signals.</p>
<p>BULLS &amp; BEARS :  Get the full report by visiting Precise Trader for a Free Trial.</p>
<p>Today&#8217;s Strategies:   Get the full report by visiting Precise Trader for a Free Trial.</p>
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