Men_of_The_Markets

Men_of_The_Markets

With the continuous downsides to this pair, we're waiting for a pullback before taking sells. As we know, we're already trending down and just need to be patient to pick the right setups. There's nothing much to say. We're short on NZDJPY.

Men_of_The_Markets

We're intently looking at this pair for a retest before taking continuation buys. As we clearly see, price is an uptrend and it'll be of no good to fight it. We are trading inline with this trend, waiting for this pullback before taking buys. Targets remain at 0.89400.

Men_of_The_Markets

As GBPCAD continues to trend, buyers picking up the dips are making money on the push whilst sellers get roasted on a platter. We saw some bullish push above the 1.74200 area. Now, we see price pull back to the level. We're watching carefully to see a rejection from this level to continue picking up buys here.

Men_of_The_Markets

Although we had a break and retest of the strong level of 1815, we see a strong bearish candle breaking the level. If price manages to close below, we could see continuous bearish sides to this pair. However, if price does not sustain this bearish momentum, we'll still continue holding longs on XAUUSD. There are no short targets to this short side for now....

Men_of_The_Markets

At the end of last week, we eventually saw price break below levels to continue its downtrend. We will now look for short opportunities on the lower time frames, or wait for a pull back to structural levels before taking any trades.

Men_of_The_Markets

Although GBPUSD is still stuck in a range, we see price at the bottom of the range. If price breaks below this range with this bearish momentum, we could see more bearish sides to this pair. We'll allow price action to develop before considering a directional bias.

Men_of_The_Markets

At the start of the day, we see some bullish sentiments on ETH. Would this last? Short term, we could see some upside movements to $2050. After the bullish impulse, we have price correcting here. We stay keened, watching out for price action around this level. If price breaks out of this correction, we could see this workout.

Men_of_The_Markets

DOT continues to drop lower with continuous lower highs and lower lows. Now that price breaks below this support level of $15, we might see continuous downsides to this one. Now isn't a good time to look for some bounce. We'll have to wait for price action around the $9 demand level.

Men_of_The_Markets

It is without question that this is an ascending channel. We have seen price move along this channel for quite some time. Price has successfully traded to the bottom of the ascending channel. Would we go back to the top? The current candlesticks are indicating bullish sentiments and could set off for the highs soon.

Men_of_The_Markets

We have seen a slow yet steady decline in DOGE since the month of June. With retail traders continuing to buy dips, this crypto continues to dip, cracking lows and continuing its' downtrend. Just last week, price broke below and retested a crucial level of $0.20. We now see DOGE at a clinical, historical support level. DOGE needs to hold above this level for...

Men_of_The_Markets

Since the beginning of this week, this pair has been trading with bearish momentum and is in a downtrend. Price broke a lower low here just after correcting its first impulse. We should see a retracement or a pullback before price continues to trend down. No exact targets could be set on this one. However, Looking for some good risk to reward along this trend is best.

Men_of_The_Markets

Some of these XXXUSD pairs have pretty much been ranging. AUDUSD is one of them. Price is trading between the reistance level of 0.74900 and the support level of 0.74200. Now that price has bounced from the bottom of this range, we could see price go back to its previous highs.

Men_of_The_Markets

EURGBP has been in a sluggish downtrend for weeks. Yet slow and staggering, price continued to move below levels and create lower lows and lower highs. Now, price has broken below a key level of support and has come back to retest it. If price rejects this area, then there is no stopping of this downtrend.

Men_of_The_Markets

Right on at this time, USDCAD is closing strong bullish above 1.25600. Now we might see some pullback before the continuation continues. We'll wait patiently before taking any trades.

Men_of_The_Markets

The last analysis on NZDCAD just hit a target of 110 pips. Now, we expect price to pull back to form a higher low before continuing its uptrend. New targets are situated at 0.88500. Trade with the trend. Trade Safe.

Men_of_The_Markets

Looking at this chart again, this pair is in a clear range. GBPUSD has been trading between 1.39000 and 1.37500 since the beginning of this month. Unless you trade smaller time frames looking to catch a small move, it is best to avoid looking for long-term targets until we see a clear direction. Focus your attention on other pairs that might yield better results.

Men_of_The_Markets

From our last analysis, EURUSD did not reject the level of 1.18300. Price broke above and has now come back to retest it. We see it bouncing. Yes, you see it. Since the bullish momentum is clear, we should follow the momentum back to the previous highs.

Men_of_The_Markets

Although slow and steady, we have seen XAUUSD climb highs to continue creating higher highs in the past weeks. Yesterday, a sharp burst through the level of 1810 was realized. Nothing gets in the way of the bulls now. We are looking for long opportunities on the lower time frames. We clearly see that the trend is up, and we should always trade with the trend....