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

Fresh bearish extension on Monday took out key support at 110.83 (27 Nov low) and heading towards next strong supports at 110.15 (Fibo 61.8% of 107.31/114.73 ascend) and psychological 110.00 support. The pair is holding in red for the fifth…
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Cable extended strong advance on Monday and posted new post-Brexit recovery high at 1.3769, approaching psychological 1.3800 barrier and focusing key point at 1.3837 (Fibo 61.8% of post-Brexit vote 1.5016/1.1930 fall). The pound rides on…
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The Euro hit new high at 1.2240 on Monday (the highest since 24 Dec 2014) in extension of Friday's strong rally when the single currency advanced 1.3%. Weak dollar and rising hopes that the ECB could further trim its monetary stimulus, as…
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Copper price eased on Friday after Chinese data showed a sharp decline of metal’s imports in December. The price was down to the session low at $3.2215, on decline from Asian high at $3.2475. Near-term price action is moving within…
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WTI oil eased on Friday from new high at $64.75 (the highest from late 2014) posted previous day) but holding high for now. Overall picture remains bright on bullish techs and positive sentiment, with the contract being on track for the…
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Bulls accelerated on Friday to new 4-month high on broadly weaker dollar, signaling continuation of larger uptrend from $1236 (12 Dec low). Fresh bullish acceleration took out barrier at $1328 (Fibo 76.4% of $1357/$1236), eyeing barriers at…
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The pair remains under strong pressure and holding firmly in red for the third straight day, following repeated upside rejection at daily cloud base earlier this week. Today’s fresh bearish extension pressures key support at 0.9699 (02 Jan…
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The Aussie eases on Friday after hitting new high at 0.7904 on probe above key barriers at 0.7886 (Fibo 61.8% of 0.8124/0.7500) and 0.7897 (13 Oct lower high). The pair came under pressure on downbeat China imports data (4.5% in Dec vs…
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The pair is holding in narrow consolidation in early Friday’s trading, taking a break after strong fall in past three days. Bears approached key support at 110.83 (27 Nov low) on yesterday’s extension of strong fall on Wednesday. Sustained…
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Cable ticked higher on Friday, in attempts to extend recovery rally from the previous day, driven by weaker dollar, but limited upside seen so far. Bulls are lacking strength for stronger advance, holding in the middle of two-week…
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