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

Fresh bearish acceleration on Wednesday pressures again key supports at 111.90 zone (top of rising daily cloud / Fibo 38.2% of 107.31/114.73 ascend), which contained previous attacks last Fri/Mon. Extension of bear-leg from 112.70 where…
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Cable maintains firm tone but so far unable to break above daily cloud top and Fibo 38.2% of 1.3655/1.3026 (1.3261/66) which mark key near-term barriers. Yesterday’s action ended in Doji candle, signaling indecision, but today’s trading is…
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The Euro moved higher on Wednesday, on track to complete Morning Doji Star reversal pattern and signal further recovery. Fresh bullish extension from correction low at 1.1712 penetrated hourly cloud (spanned between 1.1752 and 1.1771),…
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Bounce off session low at 1.2789 was boosted by downbeat Canadian data (wholesale sales -1.2% in Sep vs 0.3% f/c), with fresh recovery eyeing session high at 1.2836 (the highest since 03 Nov). Firm bullish structure on daily chart is…
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The cross remains in red on Tuesday, following strong fall on Monday, which broke through plethora of supports, provided by daily MA’s and generated another bearish signal on close below Fibo 61.8% of 0.8791/0.9013 upleg at 0.8876. Today’s…
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Copper extends steep recovery into third day and tests barrier at $3.1053 (falling 20SMA). Higher base is forming at $3.0324 with recovery being tracked by rising daily cloud and metal’s price supported by firmer China’s housing sector…
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Spot Gold price is higher on Tuesday, recovering from low at $1274, posted after Monday’s fall which marks the biggest one-day loss since late September. Fast bearish acceleration was triggered after repeated rejection at the base of…
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The Turkish lira hit new all-time low against the dollar at 3.9775 on Tuesday, in extension of previous day’s strong rally. Persisting inflation risks and monetary policy uncertainty, along with Turkey’s strained relations with the United…
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WTI oil stands on the front foot on Tuesday and retests strong barrier at $56.72 (Fibo 61.8% of $57.90/$54.80 pullback) which repeatedly resisted attack in previous sessions. Bulls regained traction after Monday’s strong downside rejection…
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The pair trades off today’s marginally lower low at 0.7530, after failing to break below weekly 100SMA (0.7544) and showing no significant reaction on RBA minutes released overnight. Overall structure remains firmly bearish but oversold…
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