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  • BRENT OIL continues to advance on persisting uncertainty in the Middle East
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  • EURUSD – bulls take a breather ahead of fresh advance
  • GOLD rises over 3% on weaker dollar
  • UK inflation jumps to four-month high in July
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Windsor Blog
Technical Outlook

BRENT OIL continues to advance on persisting uncertainty in the Middle East

Slobodan Drvenica Aug 21, 2026
Technical Outlook

BTCUSD hits the highest in almost four months following rally of over 20% in past three days

Slobodan Drvenica Aug 21, 2026
Economy

Australia’s economic growth slowed further in Q4, adding to signals for rate cuts

Slobodan Drvenica Mar 6, 2024
Australian gross domestic product (GDP) rose 0.2% in the fourth quarter, compared with an upwardly revised 0.3% expansion in the third quarter and missing forecasts of 0.3%. Annualized figure showed that growth slowed to 1.5% in Q4, down…
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Technical Outlook

Dollar index in a limited range ahead of key economic events

Slobodan Drvenica Mar 6, 2024
The dollar index holds in red but within a narrow range in early Wednesday, as traders reduce speed ahead of today’s key events, US labor data and the speech of Fed Chair Powell. Weaker than expected US services PMI in February, released…
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Technical Outlook

GBPUSD keeps firm tone ahead of Powell’s testimony

Slobodan Drvenica Mar 5, 2024
Cable extends the bull-leg from 1.2599 higher low into third straight day and broke above significant barriers at 1.2700 zone (Fibo 61.8% of 1.2827/1.2518 / daily cloud top). Positive near-term sentiment received fresh boost from weaker…
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Technical Outlook

Gold retests its record high, bulls likely to take a breather before resuming

Slobodan Drvenica Mar 5, 2024
Steep rally extends into the fifth straight day on Tuesday, after the metal closed above $2100 level for the first time in history on Monday. Strong demand for safe haven bullion was sparked by further drop in the activity in US…
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Technical Outlook

USDJPY – bullish bias above 150, key US data eyed for fresh signals

Slobodan Drvenica Mar 5, 2024
USDJPY edged lower in late Asian / early European trading on Tuesday, following release of Tokyo CPI data which showed inflation jumping in February (2.5% from 1.8% previous month) and adding to expectations that the Bank of Japan may start…
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Technical Outlook

Euro keeps firm tone ahead of key economic events

Slobodan Drvenica Mar 4, 2024
The Euro stands at the front foot on Monday following Friday’s advance which closed above the cluster of converged daily moving averages (200 / 10 / 100 DMA’s) and formation of bullish engulfing pattern, but bulls continue to face headwinds…
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Technical Outlook

Bitcoin resumes rally after a mild consolidation, record high in focus

Slobodan Drvenica Mar 4, 2024
Bitcoin advanced over 4% during early trading on Monday, signaling bullish continuation after a brief consolidation in past few sessions. Fresh rise above 65000 (the highest since November 2021) confirms very strong bids and very low…
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Technical Outlook

Gold rises further after rallying 2% on Friday

Slobodan Drvenica Mar 4, 2024
Gold keeps firm tone and trading near new two-month high at the start of the week, after rallying 2% on Friday, in the biggest daily advance since Dec 13. The yellow metal surged after markets got a clearer picture about the US rate…
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Economy

Activity in US manufacturing sector slowed further in February – PMI

Slobodan Drvenica Mar 1, 2024
The US ISM Manufacturing Purchasing Managers' Index (PMI) fell to 47.8 in February from 49.1 in January, marking the 16th consecutive month below the 50-point threshold, indicating a contraction in manufacturing., the longest since the…
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Technical Outlook

Oil price rises ahead of expected OPEC+ production cut extension

Slobodan Drvenica Mar 1, 2024
WTI oil price rose around 1.7% on Friday, in the biggest daily advance this week, as the sentiment turned positive on expectations that OPEC+ group will extend its production cut in the second quarter. The decision will be announced in…
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Latest Posts
  • BRENT OIL continues to advance on persisting uncertainty in the Middle East
  • BTCUSD hits the highest in almost four months following rally of over 20% in past three days
  • EURUSD – bulls take a breather ahead of fresh advance
  • GOLD rises over 3% on weaker dollar
  • UK inflation jumps to four-month high in July

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