Felipe Erazo

EUR/JPY found resistance at the 200 day moving average and now this pair is below the pivot point at the level of 141.48. At the start of the Asian session, the pair dropped significantly thanks to the 200 SMA gave strong dynamic resistance. Now, the next bearish objective of EUR/JPY would be the support at […]

AUD/USD has registered a decline from the  level 0.8848 to the support at0.8796 level. Yesterday, the Aussie found resistance at the 200 day moving average near the 0.8880 level, so this pair failed to consolidate above the SMA 200 to further strengthen the bullish trend. Now, the following bearish targets are set at the levels […]

The USD/JPY has consolidated in bullish trend and ever closer to psychological level at 105.00 level. During yesterday’s session, the pair made ​​a bullish rebound above the support level of 103.95, having gained bullish momentum in European trading. However, USD/JPY remains above the daily pivot point (104.35) and the next target is located in the resistance […]

NZD/USD has not had to volatile movements at the moment, so the kiwi remains near the pivot point at 0.8318 level. The kiwi is consolidating above the 200 SMA and the nearest resistance level is at 0.8339. Data in Australia (CPI) do not seem to have had any impact on the current trend of the […]

AUD/USD had a positive reaction to the CPI q/q posted a few minutes, which was expected to be 0.5%, but the current reading was found to be higher than expected (0.8%) and higher than the previous reading (1.2%). Now, the Aussie has managed to make a breakout at the level of 0.8835 and now this […]

USD/JPY stays very close to the 200 day moving average and a pivot point quite important, which could influence the trend of this pair for today’s session. This pair is currently near the 104.35 level, a high level considering that the USD/JPY formed a fractal near that level. Any breakout at that level could lead […]

AUD/USD has found strong support at current levels, so it is very likely that this pair perform movements this week. The aussie is forming a bearish pattern above support at the level of 0.8765, a very strong level, as this pair has tried to consolidate below that level, so this pair has not been able […]

The EUR/USD found strong resistance above the 200 day moving average and is very likely to continue falling. This pair has found resistance at the point of control near the 1.3665 level. Now, the EUR/USD is forming a higher low pattern below the 200 day moving average near the level of 1.3665. If the pair […]

The kiwi has had a week very bearish, but it is very likely that this pair found support at current levels and resume the bullish trend. The NZD/USD has fallen to the weekly pivot at the level of 0.8235, which is close to the monthly pivot at 0.8228 level. If this pair takes a bullish […]

The IBEX 35 is maintained above the 200 SMA on the daily chart and it’s expected that the bullish trend will continue to strengthen. The IBEX 35 has managed to break the strong resistance level of 9975.9 with a long bullish candlestick. Now, it is very likely to turn consolidates above the level of 10175.00, […]