| Chart | Quotes |
| Currency Pair | Bid | Ask |
|---|---|---|
 EURUSD |
1.3396 | 1.3399 |
 GBPUSD |
1.5667 | 1.5670 |
| USDJPY |
94.99 | 95.02 |
| USDCHF |
0.9195 | 0.9198 |
| USDCAD |
1.0193 | 1.0196 |
| EURJPY |
127.25 | 127.28 |
| EURCHF |
1.2319 | 1.2322 |
| GBPJPY |
148.77 | 148.84 |
| GBPCHF |
1.4408 | 1.4415 |
| GOLD |
1371.92 | 1372.52 |
|
Gerardo Narciso Porras Palomino
Gerardo was born on August 30, 1980 in Huancayo, Peru. Since 1999 he has been studying Maintenance Mechanics specializing in fluids engineering (SENATI). In 2005 he entered the foreign exchange market and started dealing with investments and studying technical analysis. Since 2007 he has been engaged in Forex activities. He has taken the advanced course of Forex trading (UdeForex) at University of Forex and acquired the following qualification: Operator and Analyst in the foreign exchange market. He carries out many other studies, they are the Waves of Elliot, the famous theory of Fibonacci, etc. Now he seeks to operate his own money on the market to carry out technical and fundamental analysis and also to instruct beginners helping them to gain consistency in trading.
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Analyst Portfolio
Types of Analysis:
Fundamental analysis , Fractal analysis , Technical analysis , Forecast
Experience: 6 years Analytical Credo: "Wisdom is the prime thing. Acquire wisdom; and with all that you acquire, acquire understanding" (Salomón) |
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The recent market reviews by the author
The British Pound, last week if managed to close above...
2013-03-17 14:21
Yesterday the euro had a pullback to 1.3292, below the key level of 1.3308.
2012-12-21 15:37
Due to economic growth data from Australia is weaker than expected, this week the Australian dollar had a bearish sequence, losing its uptrend extending from mid-November.
2012-12-21 15:33
Yesterday the euro was backward on the level of 1.3308, psychological level of much resistance in the past.
2012-12-20 15:58
The British pound managed to reach the maximum of 1.6306.
2012-12-20 15:56
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The recent posts from the author’s blog
Technical Analysis for the British pound, for March 18 – 23,2013
The British Pound, last week if managed to close above the psychological level of 1.50, this upward movement, is due to take profit from the downward pressure, although the line of short-term downtrend has been broken, and the pair is above 1 fractal. 4930, which increases the probability of a larger movement to the level [...]
EUR/USD – Weekly Pivot Points and Signals for January 7 – 12, 2013
The Euro, still maintains the downward pressure last week stopped above the psychological level of 1.30, and above the moving average of 50 periods, if the rebound continues, it is likely that the resistance of 1.3160, the level that must overcome before continuing rising. On the other hand, is the weekly pivot of 1.3119, we [...]
EUR/USD – Weekly Pivot Points and Signals for December 31, 2012 – January 05, 2013
The Euro last week managed to bounce above 1.3150 key level, you can see from the chart that there now for this week is the first support at 1.3160 weekly, probably above this level continue the upward trend, so you can buy above this level, if the pair closes below 1.3160 weekly support, is likely [...]
Fundamental Analysis for December 28, 2012
Markets end the year with strong movements in currencies, after a very bad day on the New York Stock Exchange, which could even end up with more adverse outcomes which finally culminated. Sales of new U.S. homes fell in good shape, as well as the consumer confidence index, which generated a massive sale of shares, [...]
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Author’s trends for the 5 major instruments
No information in english
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5 pieces of the most important economic news advised by the author
No information in english
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Forum topics of the analyst
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The market is continuing to show signs of strength following the break at 1.0110 (green horizontal line in the chart). Additionally, USD/CAD's resistance was broken and turned to support last month. 
Since our last analysis Gold has been trading in downward moves like we expected, price tested the level 1,360.00 and almost reached our intraday target level at price 1,356.00. 
Since our last analysis the EUR/NZD pair has been trading downwards, just like we expected, price rejected from the level of 1.6821 (FR 61.8%) and tested FR 38.2 % at price 16663.
For the last few days the AUD/USD pair has been trading downwards, impulsive wave 3 (coloured blue) of the bigger wave (3) (coloured red) has been developing.
Since our last analysis the USD/CAD has continued trading higher just like we expected, impulsive wave 3 (coloured blue) of the bigger wave [1] (coloured red) has finished developing.
The JPY pairs are now characterized by noteworthy reversals, which give some low-risk selling opportunities. Other majors are either consolidating or retracing. In general, the major outlook is still...
Yesterday data on ZEW Economic Sentiment both in the eurozone and in Germany was better than expected. 
