Felipe Erazo

The USDJPY remains in a bearish outlook, trading below the 200 day moving average, facing strong resistances in their attempt to want to go higher. The USDJPY is facing a strong resistance at 93.42, a level that has been very strong in days ago. If the USDJPY manages to break this resistance, could visit the […]

The GBPUSD rose more than 40 pips in yesterday’s session. Today, the cable could define completely the trend for this week. In the fundamental outlook for today, we must pay attention to the Manufacturing PMI, which has a previous reading of 47.9 and has a forecast of 48.9. A reading higher than the forecasted, would […]

Yesterday, was published the Manufacturing PMI data in China for this month and it was not the best for the AUDUSD in yesterday’s session, leading it to fall aproximately at 1.0385. Remember, that everything that happens in the Chinese’s economy, may have high impact on the Australian dollar. The chinese’s manufacturing PMI reading for the […]