Felipe Erazo

EUR/GBP is strengthening the bearish bias and is likely to continue falling for the rest of the week. This pair is consolidating below the 200 SMA and the pivot point at the level of 0.8222. Now, it is very likely that the EUR/GBP fall to the support level of 0.8192. If the pair manages to […]

EUR/JPY has made a bullish rebound above the 200 day moving average, so it is very likely that this pair continue the bullish trend strongly. The EUR/JPY is trying to consolidate above the pivot point at the level of 140.53. Now, it is very likely that this pair try to climb up to the resistance […]

At the start of this week, NZD/USD has managed to consolidate above the 200 SMA and the pivot point. It is very likely that this pair continue to rise, since the NZD/USD is forming a lower high pattern below the resistance level of 0.8348. If the kiwi manages to make a breakout at that level, […]

AUD/USD had a profound drop to support level of 0.8957, after a negative HSBC Flash Manufacturing PMI 48.3 (49.4 expected) was published. Now, the aussie has consolidated below the 200 SMA and next target would be the support level of 0.8929. However, if this pair makes a bullish rebound at current levels and makes a […]

The EUR/GBP remains below the pivot point at the level of 0.8237 and above the 200 SMA. It is very likely that this pair find resistance at current levels and make a bearish rebound with the goal to support level of 0.8215, as the EURGBP has not had sufficient power to consolidate above the resistance […]

NZD/USD has found strong support at the 0.8348 level, where the pair is expected to perform some corrective moves. The kiwi could perform a bullish rebound above that level and up again to the pivot point at the level of 0.8370. However, if the pair manages to make a breakout at the support level, the […]

AUD/USD has reacted positively after the RBA meeting in the early hours of the Asian session today. This pair started the session below the pivot point at the level of 0.9040 and after the publication of the RBA statement, which was optimistic, the aussie was consolidated above that level and is now tratandod and make […]

EUR/GBP has moved into a low range in the last hours with a very strong bearish bias. This pair remains above the pivot point at the level of 0.8205, so the nearest resistance level is at 0.8231. If the EUR/GBP manages to make a breakout at that level, the next target would be the level […]

The AUD/USD fell significantly after the publication of the Australian Employment Change, which was -3.7K (lower than predicted / 15.3K) and Unemployment Rate, which recorded a 6.0% (higher than forecast / 5.9% ). The aussie has drop to support level of 0.8941 where the 200 day moving average is located. The resistance level is located […]

NZD/USD found on the support level 0.8317, which may mean that this pair is making corrective movements. The kiwi is below the pivot point at the 0.8330 level, which would be the closest resistance level. If the pair manages to break the support level of 0.8317, next target would be the support level of 0.8293. […]