Windsor News & Research Blog - Forex Market Analysis & Trading Insights

Spot Gold trades in directionless mode on Tuesday, with the action being so far shaped I Doji candle. Strong upside rejection at $1341and daily close below a cluster of daily MA's (10/20/30 SMA, laying between $1333 and $1337 was negative…
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WTI oil eases on Tuesday but holding near fresh three-week high at $64.22, posted on Monday. Oil price advanced strongly in previous few sessions, boosted by news about Saudi Arabia's commitment to continue with production cut program.…
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The pair remains within daily cloud on Tuesday, after upside attempts in Asian session stalled under cloud top (0.7878), maintaining downside risk. Yesterday's strong upside rejection at 0.7893 and close within daily cloud was also…
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The pair is trades within narrow range around 107 handle on Tuesday, awaiting Powell's testimony for fresh signals. Strong downside rejection on Monday (106.37) left long-tailed daily candle which suggests that fresh attempts above 107.00…
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Cable holds within tight range on Tuesday, capped at 1.40 barrier, following strong upside rejection at 1.4067 yesterday and close below 1.40, which left bearish daily candle with long upper shadow that weighs on today's action. Daily MA's…
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The Euro stands at the front foot in early European trading on Tuesday, as dollar eases ahead of key event today, the testimony of Fed Chairman Powell. Fresh strength pressures again the top of 1.2260/1.2360 congestion which extends into…
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The Euro fell in early American trading on Monday and erased almost all gains of the day, after upside attempts were repeatedly capped at 1.2355 (top of four-day congestion). The dollar rose across the board on Monday, pulling the single…
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The USDCAD pair bounces towards strong barrier at 1.2706 (falling 200SMA) on Monday after corrective dips were repeatedly rejected at 1.2610 zone and penetration of daily cloud was so far short-lived. The pair regains traction after…
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The cross accelerated from 2 ½ week low at 0.8771, posted earlier today and broke above 0.88 handle after highly-anticipated speech of opposition leader Jeremy Corbyn today. Corbyn explicitly supported customs union with EU after Brexit,…
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Copper edged higher on Monday, driven by weaker dollar and reports that imports of base metals to China jumped in January, but the rally showed signs of stall, short of last Fri/Thu highs at $3.2335 and $3.2425, keeping the upside limited…
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