Men_of_The_Markets

Men_of_The_Markets

Just as our last analysis stated, this pair is indeed continuing its trend. Price has broken above a previous resistance level and is coming back to retest it. If price finis support from this level, we could continue this uptrend in the coming weeks. Trade with the trend. Trade Safe.

Men_of_The_Markets

After the last drop on AUDUSD, we have seen price show some hourly uptrend structures. What do we expect? Now that price is above its hourly level, there may be no stopping it until it gets to 0.74200. We'll then watch price action to determine whether or not price will drop from there.

Men_of_The_Markets

After the last impulse move on this pair, we have seen some major pullbacks as though the trend will now continue. Looking at the current candle formation, price is now bouncing off the daily level and we could see some more upsides. We're positioning ourselves long with targets at the previous high

Men_of_The_Markets

Just as the other JPY pairs, AUDJPY has found bullish momentum for quite some days. Although the 4H timeframe still points bearish, the bullish momentum is not to be overlooked. Currently, at a resistance level, we're watching how price reacts before taking a position on this pair. Price did reject the area initially but is now coming back at it with bullish...

Men_of_The_Markets

We have seen some nice bullish momentum since yesterday and have been riding with it. Now, price is at a crucial level and we have our eyes on it. If price continues to reject and switch sides to bearish on the smaller time frames, we'd find ourselves short positions. However, if this bullish momentum continues to persist, we could see some more uptrends on GBPUSD.

Men_of_The_Markets

We have seen this pair showing some uptrend structures recently. Structural higher highs and higher lows continue to form and price has also managed to break above a key level on the 4hr time frame. Short term, we could see price move back to 0.64400.

Men_of_The_Markets

Although price had been in a downtrend, we have now seen price break above this key level and has already come back to retest it. We will now move to the smaller time frames to find ourselves some long entries. Since this might be the start of a new trend, we'll keep targets at a new high that could form along with this trend.

Men_of_The_Markets

The CAD has proven to be strong this week, influencing most of the moves from its contemporary pairs. CADJPY has made a bullish push to break the most recent level of resistance. We want to see some exhaustion after this bullish impulse. The resistance could now serve as support when price comes back to test it.

Men_of_The_Markets

We saw some strong bullish moves on this pair yesterday. Big bullish candles continue to form as price breaks above some key levels. As price is on a weekly level of support, it seems as though this is a rejection from this level. We're watching carefully for uptrend signs before deciding to enter any trade.

Men_of_The_Markets

XAUUSD is still maintaining this bearish structure, so yes more sells could come on the way if we continue to see lower highs and lower lows. We are looking to place ourselves short, looking for keen opportunities on the lower time frames.

Men_of_The_Markets

NZDJPY surfaced with alot of bullish pressure today. We see price breaking above key levels. Will a new trend start? We'll wait for price to pull back forming a higher low before confirming our buy bias. We wait patiently on the sidelines to see how price action develops

Men_of_The_Markets

As we clearly see, price has bounced off a daily level of support and a weekly higher low. We now watch for continuations on this pair as buys are what we aim for. Initial targets would be at the previous daily high.

Men_of_The_Markets

As was said in the last analysis, we expected this pair to give a decent pullback before continuing its downtrend. Now we have the pullback and yet the rejection, we have positioned ourselves on the short sides expecting this trend to continue. Stops are above the level and targets at a new low.

Men_of_The_Markets

At the beginning of this week, we saw this pair break out of its consolidation and have been dropping hard ever since. We're watching out for possible pullbacks here and this impulse move has extended. We could still see price continue to fall from here. We're short on GBPUSD

Men_of_The_Markets

With a lot of bearish sentiments on this pair lately, we can say that price could continue pushing to the downside on EURUSD. We see continuous efforts to break 1.17800 and this level might lose it in no time. As the trend is down, we anticipate sells until there is a change in trend. Target is at 1.17000.

Men_of_The_Markets

Soaring of highs on EURAUD. Higher highs continue to form with higher lows on the back. This is a clear uptrend on EURAUD. We can't say where, but this pair should pullback sometime. We have some key levels marked out, and will be reacting to see where this pullback will happen. We're long on EURAUD. Targets remain at a new high along the trend. Trade Safe.

Men_of_The_Markets

Having seen the NZD weakness at the start of the week, we have seen some short term bullish momentum from this pair into our key level. We remain short biased, watching this level to hold to continue looking for sell opportunities. However, If price breaks above, then we can see more upside from this pair.

Men_of_The_Markets

At the beginning of this week, we see price breaking 0.69400. This level has served as crucial support, and should be seen as a resistance level. We should see price pullback anytime soon. Then we can look for rejections at the area and take shorts.