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Felipe Erazo

EUR/USD still trading lower amid Greece crisis

Feb 23 2015 @ 19:54
The EURUSD continues to trade lower, below the 200 SMA at H1 chart and the daily pivot point level of 1.1341. At the moment, we’re still following the bearish bias on this pair, because the price action is telling us, that the EURUSD is finding strong dynamic resistance on that moving average and also, the […]
 

AUD/USD remains bullish with target at 0.7849 resistance zone

Feb 17 2015 @ 23:03
At the H1 chart, we can see the AUDUSD still bullish above the daily pivot point level of 0.7796. In the upside road, the closest target remains at the resistance level of 0.7849, but we should have in mind that the Aussie could do a retracement below the 200 SMA, probably until the support level […]
 

EURJPY with a bearish bias at H1 chart

Feb 15 2015 @ 23:26
The EURJPY hasn’t found yet a solid support in the near term, but it’s expected to do it at the 200 SMA in H1 chart. That moving average coincides with the support level of 134.99. Now, the EURJPY is trading below the daily pivot point level of 135.50, which could be a strong resistance level. […]
 

NZDUSD with a bearish target at 0.7328 but the bullish bias could return

Feb 11 2015 @ 22:17
The NZDUSD is looking to form bearish patterns below the 200 SMA at the H1 chart, in order to strength the main bias, that is very bearish. The daily pivot point is placed at the level of 0.7387 and the Kiwi is trading below that zone. We could expect a fall to the support level […]
 

EURUSD looking to trade lower but we cannot discard a rebound on current levels

Feb 09 2015 @ 23:20
The EURUSD is currently trading in sideways, as we can see it on the H1 chart, above the daily pivot point level of 1.1317. Currently, we would like to see a rebound until the 200 SMA, but remember that a breakout at the support level of 1.1276, could unleash the bearish force to drive this […]
 

AUDUSD facing off strong resistance zone at the 0.8171 level

Feb 04 2015 @ 19:52
The AUDUSD continues to battle with the resistance offered by the daily pivot point level of 0.8171. At the moment, we could see a retracement until the support level of 0.8136, but the bears could take the control of the situation in the near time, as the 200 SMA is bearish. By the other side, […]
 

Is the EURJPY looking for a bearish consolidation during this week?

Feb 02 2015 @ 19:40
The EURJPY remains bearish at the H1 chart, below the 200 SMA, that is also pointing to the downwards. Currently, the pair is looking to consolidate below the daily pivot point level of 133.06, as the EURJPY is still bearish, because the 200 SMA has acted as a strong dynamic resistance zone during the bearish […]
 

EURGBP bearish and with near-term target at support level of 0.7413

Jan 28 2015 @ 22:17
The bearish bias is still building the road of the EURGBP, as this pair is currently consolidating below the daily pivot point level of 0.7464. In the downside road, the next target could be the support level of 0.7433 and if the EURGBP does a breakout on that zone, it would be expected to fall […]
 

NZDUSD with near-term targets on the upside at the 0.7501 level

Jan 26 2015 @ 21:35
The NZDUSD is trapped on a low range zone, above the daily pivot point level of 0.7430. Currently, at the H1 chart, the Kiwi is trying to win some positions in the upside until the near resistance zone of 0.7463. A breakout on that level could unleash some bullish force that could produce a momentum […]
 

AUDUSD still bearish and with short-term target at the 0.8136 support level

Jan 22 2015 @ 23:19
The AUDUSD is still very strong at the bearish intraday bias, as this pair is consolidated below the 200 SMA at the H1 chart. Currently, the Aussie is forming a lower low pattern below the daily pivot point level of 0.8171 and as long as the AUDUSD stays below that zone, the bearish force could […]
 
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