Windsor News & Research Blog - Forex Market Analysis & Trading Insights

Gold dipped briefly below key $5000 support on Friday, in extension of spectacular drop of more than $600 in just two days. As I signalled in yesterday’s comment, risk of pullback has increased after the yellow metal’s price advanced for…
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AUDUSD extended rally for nearly two weeks and hit three-year high on Thursday (0.7093), before easing. Weakening US dollar and Aussie tracking strong rise in precious metals, were mainly behind the latest rally (up over 6% since the…
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When gold broke through magic $5000 barrier on Monday, I was asked whether the metal can reach $5500 in coming months? My answer was that $6000 per ounce is very likely and in a matter of weeks, not by the end of the year, as some analysts…
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WTI oil rose further on Wednesday (in extension of Tuesday’s 2.9% advance) and hit the highest in four months ($63.50). Weakening dollar, disrupted US crude output due to heavy winter storm which halted production and recent outages from…
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Gold cracked $5300 barrier and hit new record high ($5311) in early Wednesday, remaining in steep and uninterrupted rally that has registered the fastest moves from one to another round-figure level (less than 25 hours), after the price…
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USDJPY remains in a steep fall for the third consecutive day (down almost 4%) with speculations that intervention may be behind the move, along with increased safe-haven demand and month-end flows. Fresh extension lower on Tuesday broke…
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The Euro keeps firm tone and holds near fresh multi-month high (1.1907, posted on Monday) following last week’s strong rally and gap-higher opening at the start of this week. Weak dollar with signals of possible deeper drop, was mainly…
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Silver extends gains above psychological $100 level that was broken on Friday (market closed at $103.23) and hit new all-time high well above $111 on Monday. Silver was strongly boosted by sharply rising demand for precious metals,…
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Gold took out $5000 barrier in one single step on Monday, in a widely expected post-weekend action, but made a small surprise to traders by extension to $5100, which happened in just few hours of early Monday’s trading. The yellow metal…
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In one of my daily briefings earlier this week, I was asked whether the gold is going to hit $5000. My answer was that this may occur the earliest on Friday (today) or sometime next week. With persistently favorable conditions, it is…
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