KushFx

KushFx

Short EURAUD for following reasons: - BROKEN AND RETESTED MAJOR SUPPORT NOW TURNED RESISTANCE - BROKEN 200MA AND RETESTED ALSO - was previously respecting 200ma 4h really well - CONSISTENT LOWER HIGHS AND LOWER LOWS - RSI TURNING BEARISH - MA CROSSOVER ON DAILY TO DOWNSIDE

KushFx Updated 

GBPNZD has printed a HUGE WEEKLY BEARISH ENGULFING CANDLE ( engulfing the past 5 weeks alone!). Bears are now firmly back in control here and is working beautifully in line with pound weakness and kiwi strength. Expecting new lows on this pair - FIB D1 0 target 1 and 1.8 TARGET 2.

KushFx

AFTER DISMAL JUNE NFP RESULT THE DOLLAR IS ON THE BACKFOOT AGAIN AND WE CAN NOW SEE RESUMPTION OF LOONIE BEARISH TREND WITH PRICE ACTION CERTAINLY SHOWING A BEARISH VIEW,. 5 PRIOR DAILY CANDLES WAS INDICATING TO ME THE BULLS ARE BECOMING EXHAUSTED WITH LONGER UPPER WICKS. EXPECTING NEW LOWS ON THIS PAIR TO KEY STRUCTURE. SELL ANY PULLBACKS IN MY OPINION.

KushFx

DXY LOOKING LIKE ITS SETTING UP FOR A BREAK OF THE RANGE (AWAIT PRICE ACTION). SENTIMENT IS NOW TURNING BEARISH AFTER JUNE NFP, STUNTING GROWTH IN THE ECONOMY. ON BREAK OF RANGE EXPECTING A SHARP SELL OFF TO 200MA (YELLOW)

KushFx

WEEKLY BULLISH ENGULFING CANDLE printed at the all important 61.8 level. Expecting further upside momentum in line with GBPAUD shorts. Targets on chart

KushFx

After a beautiful HUGE BEARISH ENGULFING WEEKLY CANDLE from 50sma. Bears are now back in control ready for the next down leg. Feel free to hit the sell button on any pullbacks. Targets are FIB D1 and D2 levels

KushFx Updated 

After Fridays candle close (Bullish engulfing off key support) and heavy rejection on weekly candle. We are set up for a retracement to Supply level highlighted before our next possible move down. Target: 2000 level SL: 1800 level

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SEE ANALYSIS FOR REASONS TO SHORT

KushFx

Self explanatory analysis above...

KushFx

Here we can see heavy rejection at the major weekly trendline. - RSI divergence can be seen with formation of a possible LOWER HIGH - Bounce from trendline resistance also aligning with key fib level - Short on break and retest CTL - Price is currently ranging within triangle

KushFx

Here we can see gold has hit channel resistance. Expecting a break or bounce back towards channel support. Lets see how this plays out

KushFx

EJ is currently trending nicely. To jump on the trend. Wait for break and retest of support level and continuation to 120.00 then 130.00.

KushFx Updated 

Reason to short are described on the chart. Multiple confluences! This is looking like a big move coming ahead and hope you all reap the rewards! Targets are FIB D1 & D2 LEVELS Good luck

KushFx Updated 

LONG TERM - AUSSIE IS CURRENTLY SITTING AT A MAJOR KEY RESISTANCE LEVEL AS HIGHLIGHT ABOVE - - This suggests bulls are coming in and if further bullish price action is seen on lower TFs I will be buying this market long term. - Price action is also confined within YEARLY TRENDLINE SUPPORT (black trendline - seen more clearly on YEARLY CHART) - RSI was last at...

KushFx

SEE ANALYSIS FOR LONG TERM REVIEW - BEARISH SETUP IS PREVAILING - ON BREAK ON MAJOR COUNTER TRENDLINE - CONSIDER LONG TERM SHORTS! - MANY CONFLUENCES ON LONGER TFS AS WELL AS PRICE ACTION ON SHORTER TFS

KushFx

SEE CHART FOR ANALYSIS - LONG TERM ANALYSIS - KEY LEVELS HAVE BEEN HIGHLIGHTED FOR MANAGEMENT POINTS

KushFx

3 MONTHLY ANALLYSIS - The last candle produced was a BULLISH ENGULFING candle off a major support level. - suggests a bullish year is ahead for the kiwi - alignment with bounce from MONTHLY 61.8 FIB LEVEL THIS IS A LONG TERM TRADE - HIGHLIGHTED AREAS USED AS MANAGEMENT POINTS

KushFx

GBPAUD long term anaysis - please see analysis for possible short. Just need the price acton to follow