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  • BRENT OIL continues to advance on persisting uncertainty in the Middle East
  • BTCUSD hits the highest in almost four months following rally of over 20% in past three days
  • EURUSD – bulls take a breather ahead of fresh advance
  • GOLD rises over 3% on weaker dollar
  • UK inflation jumps to four-month high in July
  • DOLLAR INDEX breaks key supports
  • GOLD – bulls take a breather under new multi-week high ahead of US economic data
  • US inflation eases in July
  • Brent price falls after recovery failed to clear important $90 barrier
  • Reserve Bank of Australia keeps rates unchanged but signals possible further policy tightening

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Windsor Blog
Technical Outlook

BRENT OIL continues to advance on persisting uncertainty in the Middle East

Slobodan Drvenica Aug 21, 2026
Technical Outlook

BTCUSD hits the highest in almost four months following rally of over 20% in past three days

Slobodan Drvenica Aug 21, 2026
Economy

US inflation falls below expectations in June

Slobodan Drvenica Jul 11, 2024
The recent data from the Labor Department's Bureau of Labor Statistics indicates a decline in US consumer prices in June, with the Consumer Price Index (CPI) dipping 0.1% following a stagnant reading in May. This marks the second…
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Technical Outlook

Stronger than expected UK GDP numbers lift cable to four-month high

Slobodan Drvenica Jul 11, 2024
Cable hit new four-month high in European trading on Thursday, lifted by better than expected UK May GDP numbers, which poured cold water on expectations for BoE rate cut next month. Fresh strength broke through pivotal barriers at…
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Economy

UK economy grew much faster than expected in May

Slobodan Drvenica Jul 11, 2024
UK gross domestic product increased by 0.4% month on month in May, after a 0.2% rise in April and beat forecast for 0.2% monthly increase. The Bank of England expected the economy would grow by 0.5% over the second quarter - something…
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Technical Outlook

Gold price rises on revived rate cut expectations; US inflation data in focus

Slobodan Drvenica Jul 10, 2024
Gold price rose on Wednesday, lifted by the latest comments from Fed Chair Powell, which warmed up expectations rate cut, after the central bank postponed the start of policy easing several times. Powell’s testimony on Tuesday provided…
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Technical Outlook

Turkish lira likely to fall further following no significant impact from ultra-high interest rates

Slobodan Drvenica Jul 10, 2024
USDTRY- fresh advance after a shallow correction reclaims 33 mark and comes close to new record high at 33.13, posted on June 25. Lira remains under strong pressure, mainly due to high inflation (over 70%) and big trade deficit, with sharp…
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Technical Outlook

Kiwi dollar down 1% on dovish RBNZ

Slobodan Drvenica Jul 10, 2024
NZDUSD was sharply lower during Wednesday morning (down almost 1% for the session) deflated by the Reserve Bank of New Zealand’s dovish stance. The central bank left interest rates unchanged at 5.5%, as widely expected, but signaled that…
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Technical Outlook

WTI OIL – correction should find firm supports at $80 zone

Slobodan Drvenica Jul 9, 2024
WTI oil price is easing for the third day, correcting lower from new multi-week high ($84.50, the highest since mid-Apr). Bulls lost traction after milder than expected impact of the hurricane on oil installations in the Gulf…
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Technical Outlook

GBPUSD – bulls pause ahead of Powell

Slobodan Drvenica Jul 9, 2024
Cable is holding within a narrow range under new multi-week high during European trading on Tuesday, as markets await today’s key event - the testimony of Fed Chair Powell. Long upper shadow of Monday’s daily candle and overbought…
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Technical Outlook

BTCUSD – larger bears are taking a breather, consolidation capped by 200DMA

Slobodan Drvenica Jul 8, 2024
Larger bears are pausing for consolidation for the fourth straight day, holding above the lowest levels since late February. Technical picture on daily chart remains firmly bearish, with consolidation being capped by 200 DMA, converging…
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Technical Outlook

EURUSD – bullish bias above daily cloud

Slobodan Drvenica Jul 8, 2024
EURUSD opened with gap-lower on Monday  but dip was short-lived and larger bulls regained control and pushed the price towards last Friday’s new multi-week high (1.0842). Today’s dip was contained by psychological 1.0800 support (also…
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Latest Posts
  • BRENT OIL continues to advance on persisting uncertainty in the Middle East
  • BTCUSD hits the highest in almost four months following rally of over 20% in past three days
  • EURUSD – bulls take a breather ahead of fresh advance
  • GOLD rises over 3% on weaker dollar
  • UK inflation jumps to four-month high in July

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