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

Cable remains in holding mode on Friday, entrenched between 100SMA (1.3104) and 10SMA (1.3160). Bearish setup of 10 / 20 / 30 SMA’s and daily cloud above the price weigh on near-term bias, while neutral momentum studies and converged daily…
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The dollar index stands at the back foot on Thursday and probes below 10SMA (currently at $94.63) which turned into sideways mode after tracking the ascend of past two weeks. Firm break below 10SMA pivot would trigger further easing and…
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Copper resumed bear-leg from $3.1715 lower top after bears took a breather on Wednesday. Fresh weakness probed below $3.0715/$3.0650 (lows of 27 Oct and 08 Nov) and dented 55SMA which reinforces supports. Close below here would generate…
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Spot Gold advanced further on Thursday and eventually broke above one-week congestion which was capped by sideways-moving daily Kijun-sen ($1284). The yellow metal was supported by weaker dollar and dragged by daily cloud twist, hitting…
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The cross extends bounce from 0.8791 where higher low is forming and tests strong barrier at 0.8874 (20SMA). Firm break here is needed to signal continuation of two-day rally from 0.8791 and open key barriers at 0.8910 (base of thick daily…
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The pair remains in red on Thursday and hit two-week low at 1.2687 after probing below 1.2698 base and 20SMA at 1.2695. Loonie is supported by recent strength in oil prices and could extend advance against the US dollar. Firm break below…
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WTI oil stands at the back foot on Thursday after previous day’s action closed in red. Oil price fell on Wednesday on disappointing US data which showed a build in oil inventories by 2.2 million barrels, against forecasted draw of 2.8…
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DAX remains at the back foot on Thursday and consolidating within narrow range after pulling back strongly from fresh all-time high at 13530. Dips were so far contained by rising 10SMA (13359) which marks initial support and trigger for…
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Dow Jones is consolidating under fresh all-time high at 23555 posted earlier this week, with firm bullish structure remaining in play, despite strongly overbought daily studies. The price is holding above rising 10SMA (23419) which tracks…
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Nikkei 225 index for December delivery collapsed in Asia on Thursday after initially rallying to fresh multi-year high at 23420. Sharp fall spiked to 22520 low, denting initial support at 22618 (daily Tenkan-sen) but subsequent bounce made…
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