Men_of_The_Markets

Men_of_The_Markets

After the last bullish impulse, we still wait for this correction to be over before looking for long entries. We're still bullish on EURUSD as price has broken out of its falling wedge, and is now making higher highs and higher lows. The last hourly level at 1.18400 is a place of interest. We'll wait to see how price reacts at the area.

Men_of_The_Markets

With the last thrust bullish pressure from the double bottom at $28, we see price correcting thus forming a bullish pennant on the 4HR timeframe. We wait patiently for a clear breakout so that we can join the trend to send price to $58.

Men_of_The_Markets

Coming at the back of this downtrend could be a new structure. Price is currently testing a daily level of resistance at $6.5 and has already thrown wick rejections at the level. However, we have broken out of the long-term descending channel on the daily timeframe, and as well pushed with bullish momentum into this current level. We could still see sells, but...

Men_of_The_Markets

If you look carefully at the arrows, you see a clear bounce from each of those levels, causing continuous upside movements on it. Now, with bullish momentum, we just broke out of a key level at $3.9 so $5 is the next stop. We're long on SRM, holding this in our portfolio because of the great potential it has.

Men_of_The_Markets

From our last analysis, we have seen BAND follow our analysis and has been trending to the upside to hit the target at $6.8. We still expect upside continuations. So we're waiting for some continuous movements to break above the current resistance to continue picking up another position. Well done if you got involved in this trade.

Men_of_The_Markets

This pair has been moving to the downside for quite some time, with lower highs and lower lows forming along the trend. Now, price just pulled back to the previous h1 low and is reacting to it. At this point, it is better to take a loss selling than to think of buys in the situation. We have positioned ourselves short, with targets at a new low in this trend.

Men_of_The_Markets

Just as the last analysis stated, price has now bounced off the expected level and should continue with bullish momentum to the upside. We have positioned ourselves long, with stops underneath the level, and targets at a new price point of 1.71000. We waited, it met our plan, we have entered, now we wait for results.

Men_of_The_Markets

As this pair continues to drop, we should prepare for more sell opportunities. Possible pullbacks are on the way as we're currently in a push phase. The last level at 109.700 is where we watch carefully to pick up entries. Once this sets up, new targets would be at a new low, possible at 109.250. Trade with the trend. Trade Safe.

Men_of_The_Markets

With the current downsides to this pair, we are not wrong to say that sells would make the beat. As this trend looks overstretched, a pullback is imminent. We may not see price pullback to the 4H level. So some of the most recent 1h levels are to be looked out for.

Men_of_The_Markets

As with the current bullish momentum on this pair, we just recently broke the level of 1.39000. Now, we could expect a retest of the level or a pullback along the way to continue taking buys on the pair. New targets from here would be 1.40000 as it is a key psychological level.

Men_of_The_Markets

As with the steady uptrend structures, we should expect a considerable amount of pullback. We do not exactly know which levels to point out for potential re-entries, we would look out for some of these levels before taking buy opportunities. We're aware that the trend and momentum is up, so we clearly are looking for buys.

Men_of_The_Markets

As with the recent structures to USDCHF and the most recent news on the USD, we see this pair continuing in a downtrend. Price just broke below a 4h low at 0.91300, so we could see some short-term pullback before continuations. We're waiting patiently to see this set up.

Men_of_The_Markets

Although still in an uptrend, we have seen price return to the level of 1.60500 several times. A rejection and a bounce come next after price gets here, so we can expect the same again. We're still looking at longs after rejection for continuation buys but if price breaks below this level, we could see some short-term downside on EURAUD.

Men_of_The_Markets

As we have seen, this pair has continued to be bullish, breaking above clear levels and creating new highs along this trend. If you had taken buys all the while in this trend, you sure have made some good gains. Now, we expect some pullback into some key levels before continuing to take buys.

Men_of_The_Markets

As the FOMC news unfolds, we see some weakness to the dollar side. And as NZDUSD bounces from this support level, this could be a solid push to 0.70400. Price has enough range to push there so except price breaks below this current level, we could see some more upsides to this pair.

Men_of_The_Markets

With the current bearish momentum and downtrend, it would be wise to flow along. We're waiting patiently to see how price pulls back into some of these key levels before taking sells. Patience is required so that we do not jump into absurd trades.

Men_of_The_Markets

Just as the last analysis stated, we have seen continuous upsides to this pair lately. Now that price has broken the recent level of resistance, we could see continuous upside movements in the coming days. We have been long, and have sided more positions as we ride with the trend. We could see price meet target now.

Men_of_The_Markets

The GBP was strong across alot of pairs yesterday. A nice bullish move that made some good gains. Now, we can expect some pullback into some key levels before continuations to the upside. The area of 1.74200 is one to look at. A previously broken resistance could now serve as support when price gets there. We're looking at longs from this level if price reacts,...