Windsor News & Research Blog - Forex & CFD Market Analysis

The USDTRY pair stands at the back foot on Monday and eases to 3.80 support (Fibo 38.2% of 3.7280/3.8446 upleg), pressured by thickening daily cloud which twisted last week and limited rally from 3.7280 Reversal signal is forming on daily…
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The USDCAD edged higher and tests 1.2600 barrier (daily cloud base) at the beginning of US session on Monday. The pair shows signs of regaining traction after strong upside rejection at 1.2687 and close in red on Friday, which signaled…
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Copper edged higher on Monday, bouncing from two-month low at $3.0250, posted on Friday, in extension of steep three-day fall. Weaker dollar and oversold daily techs helped the metal, but recovery was limited for now, as traders remain…
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Spot Gold is in recovery mode at the beginning of the week and attempting to break above two-day congestion on Thu/Fri which was shaped in double-Doji. Weaker dollar on signs of stabilization in global stocks inflated the yellow metal, but…
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WTI oil trades higher on Monday, bouncing above daily cloud which was penetrated on Friday, in extension of last week's steep fall. Oil price regained ground as global stocks showed signs of stabilizing, following last week's…
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The Australian dollar trades higher in early Monday's trading after bears stalled above key 200SMA daily cloud top supports. Subsequent bounce resulted in bullish close on Friday, sidelining immediate downside risk. Return and close above…
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The pair stands at the back foot at the beginning of the week with limited recovery attempts in Asia. Friday's long-legged Doji signaled strong indecision at key support at 108.28 (26 Jan low) cracked on Friday's brief dip to 108.04. Daily…
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Bear-leg off 1.4277 (02 Feb lower top) found footstep at 1.3796 (Fibo 61.8% of 1.3457/1.4344 upleg) after Friday's probe below was short-lived, but recovery attempts were so far limited. Near-term direction is not clear as daily studies…
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The Euro stands at the front foot on Monday and ticked above initial barrier at 1.2280 (Fibo 23.6% of 1.2522/1.2205 downleg. Initial signal of basing is developing on daily chart after near-term bears off 1.2522 repeatedly failed to…
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The Canadian dollar fell sharply against its US counterpart on Friday, after release of downbeat Canada's jobs data. Employment figure showed strong fall in January (-88K vs forecasted -2K and previous month's -2.4K); part time employment…
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