Felipe Erazo

The aussie is consolidating below the 200 day moving average, which can strengthen the current bearish trend. The AUD/USD is moving within a low range below the 200 day moving average and the resistance level at 0.9593. If the pair manages to break the 0.9570 level, it’s expected to fall to the level of 0.9517. […]

The NZD/USD has had a sharp decline after having had significant increases in recent weeks. Kiwi found strong resistance level of 0.8511 and has fallen below the resistance level at 0.8423 and 200 SMA. Now, this pair is forming a higher low pattern and if it can break this support level, would be expected to […]

The Aussie continues to dominate entirely by the bulls and is expected to this week, this pair further strengthen its trend. The AUD/USD is trying to break the resistance level at 0.9672. If the pair manages to break that level, it is expected to rise to the level of 0.9718. Moreover, this pair is likely […]

Wall street was very positive on a Friday, in which several companies ads were the protagonists. The results published by Google Inc. and Morgan Stanley were well received on Wall Street, plus S & P500 exactly where this was boosted bullish. Moreover, the U.S. dollar had significant drops this week and closed below 79.65 minimum. […]

The EUR/JPY continues to strengthen its bullish trend, while waiting for the formation of new bullish patterns. This pair is forming a lower high pattern above the support level of 132.75 and is very likely that this pair rises to the resistance level of 135.38 in the medium term. On the other hand, we must […]

The AUD/USD opened this week with a bearish gap. The aussie is recovering after he opened the week with a bearish gap, which led to a drop to the support at 0.9426 level, where is located the 200 day moving average. It is very likely that this pair rise to the resistance level at 0.9474 […]

The kiwi is trying to consolidate above support at 0.8317 level The NZD/USD has made a bullish rebound on the support at the 0.8317 level and now this pair is trying to get back up to resistance level at 0.8348. If the pair manages to break this support level, would be expected to fall to […]

The EUR/JPY is recovering from falls that took a few days ago. This pair is forming a higher low pattern near the 131.85 level. The EURJPY could rise to the resistance level at 132.75 but this pair has been too weak, so we could see further dips to support at 130.72 level. However, if the […]

The AUD/USD is trying to grab a bullish momentum. The Aussie is trying to break the resistance level at 0.9466. If the pair manages to break that level, it is expected to rise to the level of 0.9664, where is located the 200 day moving average. On the other hand, is likely that AUDUSD will […]

The NZD/USD looks to consolidate above the 200 day moving average, so the bullish outlook is kept alive. The kiwi is forming a lower high pattern below the resistance level of 0.8380. If the pair manages to break that level, it is expected to rise to the level of 0.8528. On the other hand, the […]