Felipe Erazo

After the ECB meeting, EURUSD had a bullish reaction, performing a consolidation above the psychological price zone of 1.0600, which was critical to the overall bias in this pair. This Friday, December 4th, will be released the US Non-Farm Payrolls, which will be the last of this year, and due to the strong pullback that […]

It seems the pair is still very bearish below the 200 SMA, as we can note on the H1 chart. Also, EURJPY is forming a lower low pattern. Current structure is calling for further downside moves, as this pair continues to trade in favor of the 200 SMA slope direction by the way. The nearest […]

Today is Friday US’s Non-Farm Payrolls and the eyes of the traders will watch for the October’s numbers which will be released at 13:30 GMT. In a fundamental outlook, Valeria Bednarik -Chief Currency Analyst at FXStreet– thinks the US could “announce 180,000 new jobs added in October, whilst the unemployment rate is expected to remain […]

Currently we can see that the EURUSD moves below the 1.1000 level and 200 SMA (H1 chart), after the yesterday’s Fed meeting. This pair technically has shown a very strong weakness , since it’s forming a bearish pattern in the H1 chart. The strongest support has found near to the 1.0900 level. In a way, […]

GBPJPY is doing a bullish consolidation above 200 SMA, after a crossing with the 500 SMA on H1 chart. During this week, it’s possible to see new multi-week highs, because pair is trying to break the last high made during today’s session, around the 185.00 psychological level. In another scenario, GBPJPY could start to do […]

EURUSD has been trading in a bearish corrective tone at H4 chart, and that’s why we’re watching a possible testing of 200 SMA. Over that zone we should expect a rebound for more bullish momentum, because overall structure is still calling for more bulls strength. Also, EURUSD is looking to reach the 500 SMA. One […]

NZDUSD keeps moving inside a bullish bias since several weeks ago, above 200 SMA at H1 chart. Our technical view for Kiwi is still calling slightly for more upside moves, but the fact is that the current stage should be taken as an extreme, because NZDUSD structure is showing some weakness. Also, we shouldn’t discard […]

EURGBP has been performing a bullish consolidation above the 0.7384 support zone, after a rebound made around the 200 SMA territory. At H1 chart we should note the current upside moves held by this pair, after some deeper corrections from the pullback made around the resistance level of 0.7427. We’re seeing a higher high pattern […]

Aussie is still below the 200 SMA H1 chart, with a sideways consolidation pattern formation ongoing, as it could still perform more downside moves to reach new lows. Currently, AUDUSD is facing off the resistance zone of 0.7052, which could be tested in coming hours, as part of the corrective moves. However, a breakout below […]

After the U.S Federal Reserve Meeting of thursday, EURUSD rallied to new highs, after a successful breakout around the 1.1386 level. We’re still expecting more highs to be reached in the near-term, but before that, expect a higher high pattern for a later rise until the resistance level of 1.1488. If that leves gets broken […]