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

Recovery rally from 147.80 higher base and yesterday’s spike to 146.97, where strong downside rejection occurred, extends today and probes above strong barrier at 149.40 provided by daily cloud top, reinforced by daily Kijun-sen. Close…
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The cross extends steep descend into third consecutive day and generated bearish signals on completion of asymmetric H&S pattern on daily chart (broken neckline lies at 0.8868) and break below 0.8840 (Fibo 61.8% of 0.8732/0.9013…
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Copper hit one-week low on today’s extension of steep fall from $3.1750 peak which generated strong bearish signal on break below daily cloud base ($3.0663). Bears are looking for full retracement of $3.0305/$3.1750 upleg, with growing risk…
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The pair advances further on Wednesday and breaks above pivotal barriers at 1.2820 (Fibo 61.8% of 1.2916/1.2665) and 1.2836 (21 Nov former recovery peak). Break here to confirm higher base at 1.2665/70 for full retracement of 1.2916/1.2665…
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Spot Gold made no reaction on North Korea’s latest missile launch, staying in directionless mode for the second day. A batch of data from the US are due today and along with speech of Fed’s chair Janet Yellen, expected to provide more clues…
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WTI oil stands at the back foot on Wednesday but holding above previous day’s low at $57.41. Oil price remains under pressure on concerns whether major oil exporters will reach a deal about extending current output cut beyond March 2018.…
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The Aussie dollar maintains negative near-term bias following repeated upside rejections and holding in red for the fourth consecutive day. Falling bear-trendline which limited recovery phase, continues to cap descend from correction high…
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Fresh bullish acceleration in early European trading surged through target at 1.3415 (Fibo 61.8% of 1.3655/1.3026 descend) and generated strong signal of bullish continuation after the price was congested in past few sessions. Fresh rally…
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The Euro bounced on Wednesday after two-day pullback found ground at 1.1826, contained by strong support, provided by daily cloud base and reinforced by rising 10SMA. Fresh rally eyes pivotal barrier at 1.1877 (daily cloud base) break of…
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Cable remains under pressure in the American session and cracked daily cloud top which marks solid support at 1.3276. Weakening near-term studies favor firm break through cloud top (cloud is spanned between 1.3276 and 1.3214) and test of…
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