Windsor News & Research Blog - Forex & CFD Market Analysis

The dollar extends strong recovery against yen, rallying for the third straight day and broke above pivotal barrier at 112.32 (Fibo 38.2% of 114.73/110.83 downleg). Bulls eye strong barriers at 112.69 (converged 20/55SMA’a, attempting to…
Read More...

Cable extends strong bullish acceleration on Brexit optimism and probes above weekly cloud top (1.3473), eyeing psychological 1.3500 barrier. Bullish signal was generated after today’s rally made firm break above important 1.3415 resistance…
Read More...

The Euro is regaining traction with fresh upside pressuring pivotal barriers at 1.1872/77 (Fibo 38.2% of 1.1961/1.1817 downleg / daily cloud top) after pullback from 1.1961 peak was contained by cloud base. Reversal pattern is forming on…
Read More...

Spot Gold dipped below daily cloud after Fed Yellen's remarks inflated dollar, which received further support on better than expected US q3 GDP numbers (3.3% vs 3.2% f/c). Fresh bearish acceleration and extension through cloud base weakened…
Read More...

The dollar rose across the board on optimistic remarks from Fed chair Yellen, ahead of her testimony to Congress later today. Yellen said that strengthening of the US economy will warrant continues interest rate increases and weak inflation…
Read More...

Recovery rally from 147.80 higher base and yesterday’s spike to 146.97, where strong downside rejection occurred, extends today and probes above strong barrier at 149.40 provided by daily cloud top, reinforced by daily Kijun-sen. Close…
Read More...

The cross extends steep descend into third consecutive day and generated bearish signals on completion of asymmetric H&S pattern on daily chart (broken neckline lies at 0.8868) and break below 0.8840 (Fibo 61.8% of 0.8732/0.9013…
Read More...

Copper hit one-week low on today’s extension of steep fall from $3.1750 peak which generated strong bearish signal on break below daily cloud base ($3.0663). Bears are looking for full retracement of $3.0305/$3.1750 upleg, with growing risk…
Read More...

The pair advances further on Wednesday and breaks above pivotal barriers at 1.2820 (Fibo 61.8% of 1.2916/1.2665) and 1.2836 (21 Nov former recovery peak). Break here to confirm higher base at 1.2665/70 for full retracement of 1.2916/1.2665…
Read More...

Spot Gold made no reaction on North Korea’s latest missile launch, staying in directionless mode for the second day. A batch of data from the US are due today and along with speech of Fed’s chair Janet Yellen, expected to provide more clues…
Read More...