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

Steep fall in past three days when Dow was down 12%, is taking a breather on Tuesday after hitting new 3 ½ month low at 23050, slightly below Fibo 38.2% of 17418/26683 (09 Nov 2016 / 29 Jan 2018 rally). Bears are pausing on strongly…
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Recovery attempts from new two-week low at 1.3937, posted after strong fall in past two days, stays so far under broken 1.40 support which reverted to solid resistance (psychological barrier / broken Fibo 38.2% of 1.3457/1.4344 rally).…
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The Euro is holding within approx. 80-pips range on Tuesday and consolidating above new low at 1.2350, posted after two-day fall. Upside attempts were heavy above 1.2400 and so fat limited by broken rising 10SMA which now reverted to…
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The pair bounces from session low at 108.45 on Tuesday, after extension of Monday's strong fall threatened key near-term support at 108.28 (26 Jan low). Strong bearish acceleration on Monday came after repeated failure to clear important…
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The Australian dollar dipped to new nearly one month low at 0.7835 on Tuesday, extending steep pullback from 0.8135 peak into seventh consecutive day. The Aussie remains under pressure which increased on Friday after solid US jobs data…
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Bear-leg from 1.4277 (double bullish rejection) extends for the second day and probes again through pivotal 1.40 support (Fibo 38.2% of 1.3457/1.4344 upleg / psychological support). Near-term bears are supported by south heading daily RSI…
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The USDCAD pair extends rally on Monday and broke through strong barrier at 1.2460 (Fibo 61.8% of 1.2590/1.2248 downleg). Uncertainty over NAFTA talks keeps the greenback bid for extension of Friday's 1.3% rally, which was accelerated by…
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Copper price bounced on Monday as dollar's bulls are taking a breather after accelerating on upbeat US data on Friday. Friday's action ended in red but strong rejections were seen on both sides. Upside attempts stalled at $3.1640 with…
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Spot Gold is consolidating on Monday after Friday’s sharp fall on upbeat US jobs data which boosted hopes for Fed’s more aggressive approach to US monetary policy this year. The yellow metal fell by 1.3% on Friday in the biggest one-day…
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The Australian dollar bounces on Monday after pullback from 0.8135 peak which accelerated on Friday, found footstep at 0.7892 (Fibo 38.2% of 0.7500/0.8135, 11 Dec / 26 Jan rally). Near-term sentiment was boosted by upbeat Chinese Caixin…
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