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

The Euro is slightly bid in early Thursday’s trading and holding around 1.1600 handle, but so far without significant upside action. Key barriers at 1.1618/22 (10SMA / Tenkan-sen) are still capping, with break here needed to generate…
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Copper managed to recover Wednesday’s losses when metal’s price spiked to new one-month low at $3.0650 on strong sell-off in Asia. Near-term structure remains bearish after Tuesday’s break below triangle and today’s probe below key support…
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The cross was sharply lower on Wednesday and completely reversed gains of past three days. Fresh weakness from daily Tenkan-sen (150.24) which capped recovery leg on Tuesday cracked strong supports at 148.84/74 (Fibo 61.8% of 146.93/151.94…
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Spot Gold benefited from weaker dollar and safe-haven buying on Wednesday and reversed most losses from the previous day on bounce to $1282. Gold price is trading between daily Tenkan-sen ($1273) and Kijun-sen ($1283) for the third straight…
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Tuesday's strong downside rejection at 1.1540 zone and close above daily Kijun-sen (1.1567) suggests that two-legged pullback from 1.1715 (26 Oct high, the highest traded since the SNB scrapped 1.20 floor on 16 Jan 2015) has found footstep.…
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WTI oil extends consolidation into the second day but holds high levels around $57.00 handle after hitting the high of over two years at $57.67 on Tuesday. Stronger pullback cannot be ruled out as strongly overbought daily studies warn. Dip…
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The Australian dollar is higher on Wednesday, bouncing from dangerous zone at 0.7625 (27 Oct low), which was retested on Tuesday’s strong fall. Weaker US dollar offered relief for the Aussie, with larger downtrend from 0.8124 high taking a…
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The pair remains directionless within 113.53/114.45 range as upside attempts off higher base at 113.65 (lows of past three days) repeatedly failed to sustain break above 114.00 barrier and eventually close above 114.33 pivot (Fibo 61.8% of…
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Cable moved lower on Wednesday after advance in past two days was capped by 10SMA at 1.3175. Hanging Man candlestick was left on Tuesday, signaling that bulls from 1.3038 (03 Nov low) might be running out of steam. Plethora of barriers…
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The Euro returned to 1.1600 zone in early Wednesday’s trading but upside attempts off Tuesday’s fresh low at 1.1553 (the lowest since 20 July) were so far limited. The single currency was boosted by rumors about delay of US tax reforms…
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