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

Spot Gold stands at the front foot on Tuesday and extends recovery rally from $1307 (08 Feb correction low) to crack strong barriers at $1330 zone (Fibo 38.2% of $1366/$1307 bear-leg / converged 10/30 SMA’s). Weaker dollar on signs of…
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WTI oil is holding within tight range on Tuesday, extending consolidation above new five-week low at $58.06, posted after steep fall last week. The price remains within daily cloud following Monday’s recovery attempt which spiked to $60.81…
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The Australian dollar extends bounce from 0.7758 low (09 Feb) where steep descend from 0.8135 faced strong headwinds from supports provided by 200SMA and rising daily cloud. Recovery extends into third day but shows signs of losing…
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The Euro remains constructive on Tuesday and cracked pivotal barrier at 1.2326 (Fibo 38.2% of 1.2522/1.2205 bear-leg), signaling stronger upside after completion of Doji reversal pattern on daily chart. Recovery needs to break above…
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Cable remains positive in early Tuesday's trading and pressures Monday's high at 1.3875, but recovery attempts from Friday's low at 1.3764 so far did not show stronger gains and remain capped by broken ascending 30SMA (currently at 1.3873).…
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The pair accelerated lower in late Asian / early European trading and eventually broke below strong 108.28/00 support zone. Fresh weakness of the dollar comes on signs of stabilization in global equity market which prompted investors into…
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The USDTRY pair stands at the back foot on Monday and eases to 3.80 support (Fibo 38.2% of 3.7280/3.8446 upleg), pressured by thickening daily cloud which twisted last week and limited rally from 3.7280 Reversal signal is forming on daily…
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The USDCAD edged higher and tests 1.2600 barrier (daily cloud base) at the beginning of US session on Monday. The pair shows signs of regaining traction after strong upside rejection at 1.2687 and close in red on Friday, which signaled…
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Copper edged higher on Monday, bouncing from two-month low at $3.0250, posted on Friday, in extension of steep three-day fall. Weaker dollar and oversold daily techs helped the metal, but recovery was limited for now, as traders remain…
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Spot Gold is in recovery mode at the beginning of the week and attempting to break above two-day congestion on Thu/Fri which was shaped in double-Doji. Weaker dollar on signs of stabilization in global stocks inflated the yellow metal, but…
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