Windsor News & Research Blog - Forex & CFD Market Analysis

Copper price moved lower on Monday, pulling back from nearly one-month high at $3.1750, posted on uninterrupted six-day rally. Dip was so far contained by strong support at $3.1198 (Fibo 38.2% of $3.0305/$3.1750 upleg), which guards another…
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WTI is holding in red at the beginning of the week, after hitting fresh high at $59.02 (the highest since late June 2015) last Friday. Oil price maintained strong bullish sentiment in past couple of weeks on strong signals of oil market…
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Spot Gold maintains bullish bias on weaker dollar and concerns about Fed’s next steps regarding interest rates, but upside attempts were repeatedly limited. Recovery faces very strong resistance, provided by the base of widening daily cloud…
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The pair remains congested between 10 SMA (0.7596) and 20SMA (0.7632) which caps upside attempts for the third straight day, along with bear-trendline from 0.8102 (20 Sep high). Corrective action from 0.7530 (21 Nov low) is likely to be…
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The pair is in red in early Monday’s trading with near-term risk turning lower, after recovery attempts from strong 111.02 support (Fibo 50% of 107.31/114.73 rally) were short-lived and capped by 200SMA (111.70). Immediate risk lies at…
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Cable ticked higher after overnight’s dips were contained by thick hourly cloud (1.3303/1.3275) which offers immediate support and keeps the downside protected. Near-term bias remains with bulls for retest of Friday’s spike high at 1.3359…
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The Euro is maintaining firm tone and consolidating under fresh two-month high at 1.1944 on Monday. Last Friday’s rally that closed well above pivotal barriers at 1.1877/86 (daily cloud top / Fibo 61.8% barrier) was strong bullish signal…
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Copper future contract for December delivery continues to trend higher and extends steep ascend into sixth straight day. The rally was underpinned by rising and widening daily cloud and supported by weaker US dollar and showed no impact…
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The pair regains traction after shallow correction to 3.90 was contained by rising 10SMA. Fresh bullish acceleration completes Doji reversal pattern on daily chart and turns focus towards new record high at 3.9814, posted this week. The…
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Holiday-thinned conditions keep gold price within narrow range on Friday with action being repeatedly capped by thickening daily cloud (spanned between $1294 and $1308). Cloud continues to heavily weigh on near-term action, despite bullish…
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