Windsor News & Research Blog - Forex & CFD Market Analysis

WTI oil is holding within tight range on Thursday and awaiting the outcome of today’s OPEC meeting, which is the key event for oil this week. Oil price was in red for three days on corrective pullback from fresh high at $59.02, which found…
Read More...

The Aussie remains in red for the fifth consecutive day and trend lower, with bear-trendline off 0.8102 (20 Sep high) continuing to cap and maintain bearish pressure. Limited overnight’s corrective action was capped by broken daily…
Read More...

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...