Men_of_The_Markets

Men_of_The_Markets

So far, we have seen this support level from here hold strongly. Price continues to reject the level whenever price gets there. Now, price has returned to this level. Would we bounce? or would we break below and fall? We'd have to wait patiently to see either of these play out. We won't be going into any positions just yet.

Men_of_The_Markets

Just as our last analysis stated, we see continuous downsides to this pair. We would now wait for some decent pullback so as to continue this downtrend. Th e overall trend is down and you would be climbing the wrong mountain by fighting it. Trade the trend with us. Trade safe.

Men_of_The_Markets

After the bullish rally on this pair, we see price reacting to and rejecting the key level of 0.88700. We could see some short term retracements before any bullish rally would continue. We would look for short term sells on the lower timeframes once the opportunity presents itself.

Men_of_The_Markets

We have seen the break above this current level finally. Since price sharply returned to the level, we will watch carefully for a bounce before looking for long opportunities. This could be a fake-out so we do not need to jump into any trades just yet.

Men_of_The_Markets

As we are already in a downtrend, we're just waiting to see how price reacts at this level. We'll be looking to take short positions once price starts to reject and form confirmations for its continuation shorts. We keep our eyes open, although not jumping in just yet.

Men_of_The_Markets

As we have seen, this pair continues to trend to the downside with continuous lower highs and lower lows forming. Now, we're waiting patiently for some decent pullback before jumping in on sells. We want to see this set up and give us some more added confluence before a trade can be called.

Men_of_The_Markets

We have seen the support level of 1.38900 continue to hold price, with price bouncing up from that level. Now we see price at an hourly level. We want to see momentum push price above this level so that we can join the trend to the previous highs. The trend is still bullish so we'd like to move with it.

Men_of_The_Markets

Be it structure or patterns, we see this pair in a corrective phase. The level of 1.18550 still holds price so we should be careful if you want to look for selling opportunities. If price breaks above the symetrical triangle, we could see some more upside to EURUSD. Another key level to look out for is 1.18350. We could still see some bullish bounce from this...

Men_of_The_Markets

Just as our last analysis clearly stated, we saw price bounce right off the bat, making some good returns for us. Now, we expect some sort of pullback before a continuous rally to the upside. We remain in this trade, looking for scale-in opportunities to continue with this trend. Trade the trend with us. Trade Safe.

Men_of_The_Markets

As we have clearly seen, the Canadian dollar has grown weak for quite some time. This has caused XXXCAD pairs to grow in price. We just saw a sharp bust through this level with price immediately returning to it. We do not know if it is a fakeout, so we'll wait for price to comfortably leave the area and return to it before we take on long trades.

Men_of_The_Markets

The current bearish momentum has broken below the level of 1.69600. We will now wait patiently for a retest before looking for sell-side opportunities. We are working with the current momentum which is why we intend to short than long.

Men_of_The_Markets

We have seen bearish momentum from this pair for a few days now. Now price sits at a clear level of support. What do we do? For buys, we should wait for structure to shift to bullish, adding confluence and giving us confirmation to pick long entries. For shorts, we need to see price break below this level. We remain bullish until there is a break close below the level.

Men_of_The_Markets

We still find this pair failing to break this level of support. With the current bullish candle, we could now see a push to the upside. Targets would remain at the previous high with stops beneath the level.

Men_of_The_Markets

This pair has just consistently followed our analysis. From our last update, price did fall from the level, making some good returns. Price has now broken the low and should come for a retest soon. Then we'll look for more sell opportunities. We're trading with the trend. That is why we win in the long term.

Men_of_The_Markets

We are still waiting patiently, watching the corrective movement of this pair. Price is still retesting the level and showing bullish signs. We keep our eyes focused so as to not miss the push when it comes. With some more rejections at the level, we could see continuation sides to this uptrend.

Men_of_The_Markets

Just like our last analysis stated, we saw price fall after testing the last area of resistance. We can now see price move in a corrective manner to the downside. Since price is still below the resistance, we can play the channel, taking sells when price reaches and rejects the top of it. Sells remain in position until the area of resistance is broken.

Men_of_The_Markets

The 4hr and hourly timeframe still suggest a bullish trend on this pair. After the last bullish move, we can witness corrections into the 4hr level of support. Look carefully as eyes meet wick rejections, telling us that there are reactions at this level. We now move the smaller time frames to look for long confirmations to get us in the new move.

Men_of_The_Markets

After the last bullish move we saw on this pair, we have seen corrections back into the previous level. A classic break and retest. Now, we want these rejections at the level to hold, to give us confirmations to look for long opportunities. Targets would be the previous high or a new higher high in the trend. We're still bullish on GBPUSD.