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

Spot Gold price maintains firm tone on Tuesday and holding near fresh high at $1299 (the highest since mid-October). The yellow metal’s price eventually broke into thickening daily cloud (spanned between $1289 and $1309) after cloud base…
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WTI oil price fell further on Tuesday, in extension of Monday’s over 1% losses on pullback from recovery peak at $59.02. Pullback on oversold daily techs could extend further to test solid supports at $57.17 (rising 10SMA) and $56.65…
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Copper extends steep pullback from $3.1750 high (double upside rejection) and tested key support at $3.0642 (daily cloud base). Bears were so far unable to break below cloud base after Tuesday’s strong bearish acceleration surged into thick…
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The Aussie dollar stands at the back foot on Tuesday following previous day’s strong upside rejection and repeated close below trendline resistance. Fresh weakness is pressuring 10SMA support (0.7592) the lower boundary of near-term…
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The pair shows strong hesitation at 111.02 support (50% of 107.31/114.73 rally) which was repeatedly cracked (dips to 110.83/92 on Mon/Tue) but so far without clear break lower. Near-term action may hold in extended consolidation above…
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Cable stands at the back foot in early Tuesday’s trading and attacks 1.3300 support broken bear-trendline connecting former 1.3337/20 highs. Monday’s action ended in Doji candle with long upper shadow, signaling possible stall, as repeated…
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The Euro extended easing from Monday’s high at 1.1961 where bulls stalled, shy of initial Fibo 76.4% target at 1.1965. Corrective easing could be seen as buying opportunity for eventual attack at psychological 1.2000 barrier, as overall…
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The pair accelerated sharply higher as the greenback was strongly boosted by upbeat US data. US new home sales unexpectedly rose in October (6.2% / 685K vs -6.0% / 625K forecast) hitting the highest level since October 2007. Fresh rally…
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Cable posted new nearly two-month high at 1.3382 on Monday after fresh bullish acceleration triggered stops above Friday’s high at 1.3359. Immediate focus lies at 1.3401 (02 Oct high) ahead of key target at 1.3415 (Fibo 61.8% of…
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Copper price moved lower on Monday, pulling back from nearly one-month high at $3.1750, posted on uninterrupted six-day rally. Dip was so far contained by strong support at $3.1198 (Fibo 38.2% of $3.0305/$3.1750 upleg), which guards another…
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