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

WTI oil price edged lower on Monday after strong rally on Thu/Fri which peaked at $57.77, retracing over 61.8% of $58.86/$55.81 bear-leg. Today’s action was so far shaped in Doji candle and holding between daily Kijun-sen ($56.91) and…
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The Aussie dollar bounces on Monday after repeatedly failing to clear 0.7500 support (lows of 7/8/11 Dec). Support is reinforced by bull-trendline, drawn off 0.6825 (15 Jan 2016 low) which currently lies at 0.7480. Fresh rally is forming…
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The pair probes below initial support at 113.37, provided by daily cloud top after Monday's action posted marginally higher high at 113.68 (against Friday's high at 113.58), but unable to sustain gains. Strong rally on Thu/Fri generated…
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Cable stands at the back foot in trading of Monday and fell near Friday's low (1.3356) at the beginning of European session, after recovery attempts stalled at 1.3431 (capped by broken 10SMA). Fresh weakness pressures strong support at…
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The Euro rose in early Monday's trading after Friday's action ended in long-tailed Doji, generating initial signal of near-term downtrend stall. Recovery attempts were so far limited under 1.1800 handle (top of falling hourly cloud)…
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Spot Gold price ticked higher on Wednesday but stay near two-month low at $1260, which was retested on Tuesday's bearish acceleration. The yellow metal maintains bearish sentiment on positive signals of overhaul of the US tax system which…
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WTI oil price edged lower on Wednesday after Tuesday's action was directionless and ended in Doji candle, despite bigger than expected draw in crude oil stocks (5.48 million barrels vs 4.1 million barrels f/c) API report showed. Fresh…
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The pair holds in red on Wednesday and tested pivotal support at 111.96 (daily Tenkan-sen) after strong bearish signal was generated on multiple strong upside rejections under daily cloud top. Confirmation of reversal needs break below…
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Cable maintains weak tone on Wednesday, weighed by Brexit concerns and probes through cracked rising 10SMA (1.3400). Tuesday dip to 1.3370 was short-lived, marking strong downside rejection on daily close well above 10SMA which marks…
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The Euro remains in red and holding in the daily cloud on Wednesday. Bearish signal was generated on Tuesday's dip to 1.1800 which cracked Fibo 38.2% support at 1.1805 and close below cloud top (1.1833). Near-term bias is negative, however,…
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