Felipe Erazo

The daily financial markets are getting more cautious about polls and commentaries from Bank institutions previous to the Brexit referendum, which will be held at the end of June. One of the most interesting Forex pairs to trade during the Brexit’s month will be the EURGBP, which in the daily chart is showing signs of exhaustion of […]

As time passes, uncertainty grows prior to Brexit referendum that is scheduled to take place the June 23 in the United Kingdom, and financial markets will be watching the latest surveys that will be released in the British media on the position of citizens about, prior this post-legislative referendum. The British pound closed the week […]

EURUSD has been trading into a sideways structure since the May 5th session, below the 200 SMA at H1 chart, which also adds some pressure to the downside. However, pair is moving into a key range, because it could start to perform bigger rebounds to reach new highs. In a first degree, if that scenario […]

The Draghi’s words favored to a volatile session for EUR/USD, as it has been trading into a sideways structure, but still below the 200 SMA. In a technical view, pair is expected to perform a decline toward the support zone of 1.1238, where a breakout could strength this bearish bias. However, main scenario is calling […]

The technical analysis for GBPUSD is still calling for more weakness, as the pair has been consolidating below the 200 SMA at H1 chart. However, we should note that the support zone of 1.4026 made a rebound which helped to push higher the Cable towards the resistance level of 1.4193. The pivot point level of […]

The H1 chart structure for AUDUSD is still calling for a lower push towards the monthly pivot point of 0.7495, as the pair is still trying to find a strong bottom. However, the overall structure remains bearish because the Aussie may still be correcting the rally from the March 28th lows. If AUDUSD achieves in […]

EURUSD is still trapped on a sideways-bullish consolidation phase and the H1 chart is showing it very clear. The short term picture is calling for a possible rebound when the pair tests the 200 SMA on this timeframe, which would push it higher towards the resistance level of 1.1184. However, EURUSD can extend the decline […]

EURJPY managed to perform a very well pullback from the 200 SMA, which served as dynamic resistance at the H1 chart and currently, we’re expecting more declines. The technical analysis is very clear about the current bearish path which is following the EURJPY in a short and mid-term basis, as the pair was trapped inside […]

AUDUSD is still looking for new lows as it’s not a secret that the overall structure is favoring to the downside in a short-term basis. At a technical outlook, pair could find strong support around the 0.7022 level, and if it achieves in break that zone, then we can expect a decline towards the 0.6974. […]

There is a bullish momentum alive on the Kiwi, because of the RBNZ Monetary Policy Statement posted during the wednesday’s session. Technically, NZDUSD is looking to rally towards the resistance level of 0.6792, where a pullback could happen to test again the daily pivot point level of 0.6685. We should expect a higher high pattern […]