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

The Euro posted new low at 1.2165 in early Thursday’s trading, but bounced back to 1.2200 zone, sidelining immediate downside risk. Wednesday’s strong rejection above 1.2300 mark left big bearish daily candle with long upper shadow,…
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Copper remains in red for the second day and extends weakness, as the greenback regains traction. Tuesday's bearish outside day was negative signal which resulted in fresh easing today. Brief recovery attempts in early European trading were…
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Spot Gold stands at the back foot on Wednesday and keeps near-term focus at Tuesday's spike low at $1331, after upside attempts in Asian session were rejected just under new four-month high at $1344. Near-term bias is turning in negative…
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WTI oil stays in red on Wednesday after previous day's negative close which generated reversal signal. Fresh weakness pressures solid support at $63.25, provided by rising 10SMA, with break here needed to generate fresh bearish signal.…
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The Aussie dollar hit new high at 0.7998 on Tuesday (the highest since 21 Sep) but failed crack psychological 0.8000 barrier. Subsequent pullback signals hesitation, as Tuesday's action ended in Doji candle. Daily RSI and slow stochastic…
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Bears faced strong headwinds from key supports at 110.15/00 (Fibo 61.8% of 107.31/114.73 rally / psychological support) and risk consolidation, possibly extended upticks in the near term. Oversold daily studies support scenario, with…
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Bulls are pausing for the second day, with long-legged Doji left on Tuesday and today's action being so far shaped in Doji candle, signaling indecision. Steep three-day ascend from 1.3457 trough might be running out of steam, despite…
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The Euro stays in a choppy mode for the second day, despite brief probe above 1.2300 barrier overnight. The pair returned quickly from the session high at 1.2323, staying at the back foot during European trading. Strong indecision is…
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The USDTRY pair spiked to 3.8330, the highest in one month on Tuesday, after downside attempts were repeatedly contained by the base of rising daily cloud. Fresh bullish acceleration broke above important resistance at 3.8131 (daily…
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WTI oil price moved lower on Tuesday, pressured by stronger dollar and overbought techs which suggest correction. Oil price posted marginally higher high at $64.87 on Monday (the highest in more than three years) but was unable to sustain…
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