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    EURGBP – bulls offensive in progress

    Brokers Piotr Drabik -
    EURGBP moves in uptrend since lows from November 2015. Upward movement is very dynamic. Corrections which occurred during this period retraced only 23.6% of...

    USDJPY – sharp return above 114.00

    Brokers Piotr Drabik -
    In previous analysis from February 9 I indicated weakness of the bulls at USDJPY and possibility of price movement towards 109.80. I wrote: 'Demand...

    EURUSD – movement towards 1.1160 support

    Brokers Piotr Drabik -
    Supply at EURUSD took over control after Thursday's test of resistance at 1.1380. First support at 1.1320 wasn't able to stop decline and today...

    EURCAD – correction should occur

    Brokers Piotr Drabik -
    Macroeconomic data from US caused sharp downward movement at EURCAD. Rebound occurred when price moved above 1.5580 area which is nearest support. US retail...

    AUDJPY – after 9 days of declines there is a hope for a rebound

    Brokers Piotr Drabik -
    Previous AUDJPY analysis was very profitable. I indicated flag pattern and direction of breakout. I wrote: 'Flag is a pattern of trend continuation which...

    USDCAD – bulls are back, but a flag pattern suggests that the falls are...

    Brokers Piotr Drabik -
    After correction of 50% previous upward movement, at the chart occurred a candle with long bottom shadow. Such price action candles predict rebound. So...

    EURUSD – highest since October 2015

    Brokers Piotr Drabik -
    During semi-annual congressional testimony Janet Yellen wasn't dovish enough, she said: "The FOMC anticipates that economic conditions will evolve in a manner that will...

    AUDCAD – rebound from support near 0.9730

    Brokers Piotr Drabik -
    Since the beginning of January AUDCAD moved down. In this particular time support at area 0.9820 - 0.9840 stopped declines. Yesterday this support was...

    USDJPY – new week, new low

    Brokers Piotr Drabik -
    There is a black scenario in game at USDJPY and today price reached 14-months low. It have to be noted that such scenario was...

    EURGBP – highest since a year and test of important resistance

    Brokers Piotr Drabik -
    Since a mid-November EURGBP moved in an uptrend. Currently demand has a tough work to do, which is break above resistance at 0.7760. If...
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