Windsor News & Research Blog - Forex & CFD Market Analysis

The dollar extends recovery from 105.54 (last Friday's spike low) and probes above 107 handle in early Tuesday's trading. Daily RSI and slow stochastic are heading north after reversing from oversold territory and signaling further…
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Cable remains in red for the third straight day and extends pullback from 1.4144 (16 Feb high), probing through converged 10/30SMA's at 1.3951. Repeated close below 20SMA (1.4030) on Monday and loss of psychological 1.40 support were…
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The Euro stands at the back foot on Tuesday and accelerated through support at 1.2380 (20SMA), triggering fresh extension of bear-leg from 1.2555 (16 Feb high) after Monday's action ended in Doji, signaling indecision. Studies on lower…
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The US dollar rallied against its Canadian counterpart on Friday, boosted by upbeat US housing data, while loonie came under pressure on weaker than expected Canada's data. US building permits rose by 7.4% in January, compared to -0.2% in…
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Extension of steep rally from $3.0250 (09 Feb low) resulted in break above double top at $3.2565/60 (25 Jan / 05 Feb highs) on Friday, signaling that bulls could extend towards key near-term barrier at $3.3200 (28 Dec peak / the highest…
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Spot Gold is holding just under new three-week high at $1361, maintaining strong bullish sentiment and focusing key near-term barrier at $1366 (25 Jan peak, the highest since early Aug 2016).The yellow metal is strongly supported by weak…
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WTI rose further on Friday, extending recovery from $58.06 higher base, driven by weaker dollar and renewed optimism over OPEC-led efforts to stabilize oil markets on global production cut. Oil price maintains bullish stance which was…
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The Australian dollar rose to new two-week high on Friday in extension of recovery rally from 0.7758 (09 Feb low). Broader weakness of US dollar drives the Aussie higher to pressure pivotal 0.80 resistance zone (Fibo 61.8% of 0.8135/0.7758…
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The Euro cracked key near-term barrier at 1.2537 and hit new high at 1.2555 (the highest since Dec 2014) on Friday. Eventual push through 1.2537 pivot marked full retracement of 1.2537/1.2205 corrective phase and signaled continuation of…
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The pair stays firmly in red and extends weakness below 106 handle on Friday to post new low at 105.54 (the lowest since early Nov 2016). Strong bearish signal was generated on Thursday's close below key double-Fibonacci supports at…
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