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

Spot Gold rallied on Monday, extending recovery from $1320 (22 Feb low), driven by fresh weakness of US dollar at the beginning of week. Bullish acceleration improved near-term structure as metal's price gains fresh bullish momentum and…
Read More...

WTI oil price is consolidating under new 2 ½ week high at $63.88, posted today, in extension of strong rally on Thu/Fri. Oil price was boosted on Friday by closure of oil field in Libya, with strong bullish sentiment supported by comments…
Read More...

The Australian dollar moved higher in early Monday's trading, backed by weaker US dollar, on repeated probe above rising daily cloud (cloud top lies at 0.7859) and hit levels near 0.79 barrier (round-figure resistance, reinforced by falling…
Read More...

The pair holds in red at the beginning of European session and cracked pivotal support at 106.44 (Fibo 61.8% of 105.54/107.90 upleg), after short-lived probe above 107 barrier in early Asian trading. Fresh weakness probes below the base of…
Read More...

Cable maintains bullish tone at the beginning of the week and rallied to new one-week high at 1.4046 after taking out psychological 1.40 barrier. Strong bullish acceleration in early Monday's trading improved technical picture as the pair…
Read More...

The Euro ticked higher in early Monday's trading, testing levels above 1.23 handle, but without clear near-term direction, as the pair holds within 1.2260/1.2360 congestion and extends range-trading into fourth consecutive day. Some…
Read More...

WTI oil price rose further on Friday, maintaining strong bullish sentiment after upbeat supply data and hit new 2 ½ week high at $63.31.Fresh bullish acceleration was boosted by news that oilfield in Libya was shut due to unrest, which…
Read More...

Loonie jumped around 100 pips against its US counterpart after Canadian inflation surprised in January, coming well above forecast. Underlying inflation firmed in January while annualized CPI rose by 1.7%, pulling back from previous…
Read More...

Spot Gold eased on Friday after failing to regain previous day rally's high at $1332. The downside remains vulnerable after bounce from $1320 (new 1 ½ week low) stalled, but immediate downside risk is limited as the price remains above the…
Read More...

WTI oil price is consolidating under fresh over two-week high at $63.07, posted on Thursday when oil prices surged on positive US crude inventories data.EIA weekly report showed unexpected fall in US crude inventories against forecasted…
Read More...