Windsor News & Research Blog - Forex & CFD Market Analysis

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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Sterling maintains firm tone in early Friday's trading and extends steep recovery leg from 1.3764 (09 Feb correction low) into fifth straight day, posting new nearly recovery high at 1.4144 (the highest in nearly two weeks). Strong bullish…
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The pair accelerated lower in early hours of US session, pressuring 15-month low at 106.17, posted earlier today, after limited recovery stalled at 106.80. Break below key supports at 106.66/51 (Fibo 38.2% of 75.65/125.84, Oct 2011/June…
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The USDCAD bounced on Thursday after extension of Wednesday's sharp bearish acceleration found footstep at 1.2465 (daily Kijun-sen / 50% retracement of 1.2248/1.2687 upleg). Recovery attempts were so far limited at 1.2520 (broken Fibo…
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Copper trades in narrow consolidation under new marginally higher high at $3.2460, posted after strong three-day rally from $3.0250 (09 Feb low). Rally accelerated on Tue/Wed on fresh weakness of the dollar and surged through thick daily…
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