Felipe Erazo

Greek Finance Minister, Yanis Varufakis today confirmed to the press that Greece will not pay the 1,600 million euros owed to the International Monetary Fund (IMF), whose term expires at midnight. However, the European Commission (EC), through its president Jean-Claude Juncker, submitted an last-minute offer to the Greek PM, Alexis Tsipras, with three conditions to […]

EURUSD filled the bearish gap left during the monday session and now it’s looking for a clear road during this week. Greece has been in the world news headlines because of the economical crisis which is happening there and EURUSD is a pair very connected with that situation. However, the technical outlook is already pointing […]

EURJPY is still looking for new lows after a successful breakout at daily pivot point level of 138.88. Also, we can expect a test of the support level at 137.73. Our current bearish outlook in an intraday basis is supported by the current position of EURJPY at H1 chart, which is trading below the 200 […]

AUDUSD gained some positions during this week, as the pair is currently trading above the 200 SMA at H1 chart. The next target in the upside is located around the 0.7862 level, which could be tested very soon and as long as the Aussie stays below that moving average mentioned above, we could expect a […]

NZDUSD is currently touching new lows below the 0.7100 level, as the pair reacted negatively to the Reserve Bank of New Zealand’s decision to cut the rates to 3.25%. The official cash rate from the RBNZ was 3.5%, but the current decision to cut the interest rates kept open the doors to ease the monetary […]

EURUSD is trying to do another rebound above the 200 SMA at H1 chart, but the risk to the downside is still there. Currently, the pair is forming a lower low pattern below the daily pivot point level of 1.1147 and we could expect a test of the support around the 1.1015 level. In the […]

The bulls are still alive at H1 chart, but we don’t see yet a clear confirmation of a higher acceleration during this week on EURGBP. In our short term outlook, EURGBP is close to the resistance level of 0.7186 and if the pair achieves to break that zone, it would be expected to test the […]

EURJPY found dynamic resistance at the 200 SMA on H1 chart and it seems the lower continuation will remain alive during this week. The current structure is already showing a lower low pattern formation in place below the daily pivot point level of 134.29. If EURJPY does a breakout at the support zone of 133.27, […]

The Aussie had a significant turning point at the May 14 session, because it started a bearish journey. Now, AUDUSD is currently trading in favor of the bearish bias, below the 200 SMA at H1 chart and the daily pivot point level of 0.8171. Now, the pair could find support at the 0.8136 and if […]

NZDUSD is currently trading in favor of the bearish bias, looking it into an intraday outlook at H1 chart. For now, we could say the 200 SMA on this timeframe is offering some kind of dynamic support and because of it, the Kiwi could perform a rebound and rise until the daily pivot point level […]