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

The pair remains firmly in red on Thursday, extending steep fall into third straight day and probing below strong supports at 109.10/06 (weekly cloud base /Fibo 76.4% of 107.31/114.73). Fresh weakness extended to 108.73 so far (the lowest…
Read More...

Cable hit new high at 1.4328 on Thursday, in extension of previous day's 1.7% rally, after pound rallied on weaker dollar. Important barriers at 1.4288 (Fibo 76.4% of post-Brexit vote 1.5016/1.1930 fall) and 1.4317 (FE 200% of the wave C…
Read More...

The Euro remains firm on Thursday and hit new high at 1.2459, the highest since mid-Dec 2014, in extension of strong rally on Wednesday when the single currency surged on significantly weaker dollar. The greenback fell sharply across the…
Read More...

The Euro dented round-figure barrier at 1.2400 on extension of daily advance of 0.9% so far.Strong fall of US dollar, which accelerated after remarks from US Mnuchin, pushed the Euro to new over three-year highs.Break above pivotal barrier…
Read More...

Cable cracked next psychological barrier at 1.4200 in early hours of the US session trading on Wednesday, marking the advance of over 200 pips so far from Asian low at 1.3996 to fresh post-Brexit vote recovery high at 1.4208. Pound…
Read More...

The pair slumped on Wednesday as the greenback came under increased pressure. Fresh weakness after consolidation phase in previous few sessions extends into second day and probes below 0.9500 support, last traded in early Sep 2017. Larger…
Read More...

Copper price bounced from five-week low at $3.1065 on Wednesday, inflated by sharp fall of US dollar that offsets negative impact from strong rise in copper inventories. Fresh rally so far retraced the largest part of Tuesday's strong fall…
Read More...

The USDCAD pair fell sharply on Wednesday, extending bear-leg from 1.2508 (19 Jan lower top). Fresh bearish extension generated strong negative signal on break below pivotal supports at 1.2387 (Fibo 61.8% of 1.2061/1.2916 rally) and former…
Read More...

WTI oil price holds firm tone on Wednesday but stays below new high at $64.87, posted on 15 Jan and retested on Tuesday, but gains were limited here. Surprise increase in US crude inventories (API report on Tuesday showed build of crude…
Read More...

Spot Gold rallies for the second day and hit multi-month high at $1349 on Wednesday after fresh bullish acceleration broke above former high at $1344 (15 Jan) completing $1344/$1324 corrective phase and signaling continuation of steep…
Read More...