Piotr Drabik
Author of worldtrader.pl blog and big supporter of technical analysis. Active medium-term trader. In his analysis uses classical charts, price action as well as harmonic patterns and Elliott Waves. In trading he always tries to take into account two points of market's view, in accordance with the principle that each transaction may be attractive both for the demand and supply traders.
GBPJPY – test of the rising trend line
After a period of much volatility in the last few days the movement of price is in the consolidation. The current support defending against...
EURUSD – consolidation under the upper arm of the triangle
Time-frame H1Since September 4 EURUSD moves in an upward channel. Last friday was break above the resistance at level 1.1305, but the bulls joy...
AUDCAD current rebound reached to fibo 50%
According to the analysis for the beginning of September the price has tested the support 0.9160 (from 2013). Support was target for the bears...
USDJPY breakout of the triangle will point the direction of move
Since 3 weeks USDJPY moves in a triangle, whose lower and upper band have been tested for two times. Correction which lasts for a...
GBPAUD – waiting for exit from consolidation
Time-frame H1Since the beginning of September GBPAUD moves in a side trend between resistance at 2.2100 and support 2.1670. Break above this resistance will...
EURCAD time for a decision – up or down after reaching the September’s top.
Time-frame H1On 28 August EURCAD moved in a side trend between support 1.4600 and resistance 1.5000. Since the beginning of September another resistance at...
AUDUSD came close to an important support
Wide view, time-frame W1 Since 2011 AUDUSD moves in a downward trend. At the daily time-frame we can determine channel, in which the price...
GBPJPY – correction that lasted three months may be near the end
GBPJPY is moving in an upward trend since 2012. Last three months was a correction descent and the inability to reach a new high....
DAX – September 10th
On Wednesday on the stock exchanges we observed twists and tension like in Hitchcock's movies. The day began with the upward movement in Asia....
EURCHF false-break from upward channel
Yesterday EURCHF has reached its highest level since 16 January. Bulls failed to stay over the resistance at 1.0960. There has been a rebound...
