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Daily analytical report (27/01/17)

  • AUDUSD defends 0.751 and goes for daily highs with a nice upswing.
  • EURUSD loses the horizontal support (1.071) and an upward trend line which creates a negative scenario for this pair.
  • EURCAD corrects the recent downswing, but this is only a trend correction pattern so a bearish movement soon is more probable.
  • Gold stops at 1180 USD/oz but the bounce is not definite.
  • Brent oil with a false bullish breakout creating an opportunity for a downswing.

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