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

Recovery rally off $55.81 trough extends into fourth straight day and broke above target at $58.14 (Fibo 76.4% of $58.86/$55.81) on Tuesday. Bulls were boosted by North Sea pipeline shutdown and look for test of $58.63 resistance…
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Brent oil surged to fresh high at $65.68 per barrel on Tuesday, extending rally from $61.15 higher base into four straight day and hitting the highest levels since mid-June 2015. Brent price received additional support from reduced supply…
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The pair holds in red for the third consecutive day and extends pullback from last Friday's peak at 0.9977, where strong upside rejection occurred. Failure ahead of parity level triggered fresh easing, with today's extension lower returning…
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The pair is in red in early Tuesday's trading after Monday's action ended in Doji candle, unable to sustain gains above daily cloud. Additional negative signal comes from slow stochastic which turns south in deep overbought territory,…
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Cable ticked higher on Tuesday after strong fall on Monday which generated bearish signal on close below 1.3354 (Fibo 38.2% of 1.3038/1.3549 ascend). Pound received support from political news on Tuesday, but focus is at UK inflation data.…
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The Euro remains constructive on Tuesday and attempts higher again after Monday's recovery stalled at 1.1810 pivot (Fibo 38.2% of 1.1940/1.1730 downleg) and subsequent pullback returned to key support at 1.1756, provided by 55SMA. The pair…
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The Australian dollar extended recovery on Tuesday and pressuring pivotal barrier at 0.7560 (falling 10SMA / Fibo 38.2% of 0.7653/0.7499 downleg). The Aussie rose despite weaker than expected Australian data released on Tuesday, showing the…
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Copper extended recovery on Monday after the price was congested in past three sessions. Initial signal of recovery was generated on break above congestion tops at $2.9900 zone, with fresh advance hitting next pivotal barrier at $3.0120…
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Turkish lira extends advance against US dollar for the second day. Upbeat economic data from Turkey, released today, offered fresh support to lira which resumes recovery from all-time low, posted on 22 Nov. Turkish Q3 GDP surprised in Q3 at…
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Spot Gold entered corrective mode on Monday after last week's steep fall showed signs of stall, as Friday's trading ended in Doji candle after hitting 4 ½ month low at $1244. Doji reversal pattern is forming on daily chart, with deeply…
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