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Felipe Erazo

EUR/JPY is approaching to the psychological level of 140.00

Feb 10 2014 @ 23:26
This pair is very close to reaching the resistance level at 139.83, so it is very likely to continue bullish bias. The EUR/JPY is above the 200 day moving average and pivot point at the level of 139.49. A breakout at the resistance level at 139.83, the EUR/JPY could take up to the next target […]
 

AUD/USD is stable in the current bullish bias

Feb 10 2014 @ 17:15
AUD/USD has established back above the 200-day moving average, so the bullish bias has strengthened again. The Aussie remains above the pivot point at the level of 0.8937. The next objective of this pair is the resistance level of 0.8969. However, a breakout to the pivot point could lead the AUD/USD to fall to the […]
 

NZD/USD is in bullish trend but with signs of uncertainty in it's current trend

Feb 06 2014 @ 22:08
The kiwi has been a decline from the level of 0.8275, which has led it to fall to the support level of 0.8218. NZD/USD continues to move above the 200 day moving average, so the bullish bias still remains. However, a breakout in the support level at 0.8209, this pair would fall to the support […]
 

EUR/JPY is in a solid intraday bullish bias

Feb 06 2014 @ 17:19
EUR/JPY is consolidating above the 200 day moving average, though this could be the beginning of a bearish rebound. This pair is above the pivot point at the level of 138.10 as the EUR/JPY has recovered from falls. Now, the EUR/JPY is in a strong bullish bias. If the pair manages to form a bullish […]
 

AUD/USD is continuing to strengthen its bullish trend

Feb 05 2014 @ 19:23
AUD/USD has been driven up by the success of the trade balance that were released a few hours ago, which reflected a positive reading of 0.47B versus -0.2B7 that were predicted. The aussie has managed to break the strong resistance level of 0.8940, which was holding back the progress of the bullish bias in this pair. […]
 

NZD/USD on a clear bullish bias but might find resistance soon

Feb 04 2014 @ 22:30
The kiwi remains above the 200 day moving average, so there are two possible scenarios: A bullish consolidation or the domination of the bears on this pair. NZD/USD could find dynamic resistance in the 200 SMA, if this pair makes a breakout from the pivot point at the level of 0.8183. If successful, the next […]
 

USD/JPY found strong at support level of 100.79

Feb 04 2014 @ 18:26
USD/JPY has found strong support at 100.79 level a support that has been quite strong in the last hours. This pair is in a bullish bias that has led it to consolidate above the pivot point at the level of 101.34. The nearest resistance is located at the level of 102.26. If the pair manages […]
 

AUD/USD reacted positively to the maintenance of the RBA interest rate

Feb 03 2014 @ 22:23
AUD/USD had a bullish Asian session as the RBA has decided to keep the interest rate at 2.50%, so the reaction has been clearly positive in this pair. Technically, the Aussie has managed to break the resistance level at 0.8809 and next target would be the level of 0.8867. If the pair manages to break […]
 

EUR/JPY is in a strong bearish bias

Feb 03 2014 @ 17:19
EUR/JPY has been consolidated in the bearish bias, so it is very likely to continue to sell orders on intraday charts. This pair is below the daily pivot point at the level of 136.99. The nearest support is fixed at the level of 135.91. If the pair manages to make a breakout at that level, […]
 

USD/JPY faces strong resistance levels at 102.67 and 102.85

Jan 30 2014 @ 17:21
The USD/JPY is finding strong resistance at 102.67 level, but the chances of this pair consolidates above that level are still high. During the U.S. session yesterday, the pair had a very bullish day in this pair managed to consolidate above support at 102.21 level. For now, this pair remains above the pivot point at […]
 
 
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