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  • BRENT OIL continues to advance on persisting uncertainty in the Middle East
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  • 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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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 economy added slightly more than expected jobs in June, unemployment rate rose above consensus

Slobodan Drvenica Jul 5, 2024
Closely watched employment report from the US Labor Department's Bureau of Labor Statistics showed that US Nonfarm payrolls increased by 206,000 jobs in June, above expected 190,000 rise and against May’s downwardly revised figure to…
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Economy

Expectations for the US Non Farm Payrolls – key economic event today

Slobodan Drvenica Jul 5, 2024
The upcoming release of June labor market data by the US Bureau of Labor Statistics will be closely scrutinized for indications of the Federal Reserve's future policy moves, especially concerning the timing of its first interest-rate cut…
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Technical Outlook

Gold price remains at the front foot ahead of US NFP report

Slobodan Drvenica Jul 5, 2024
Gold price rose further on Friday morning and pressuring important technical barriers ahead of release of key US NFP report. The metal rose around 1.7% for the week so far, benefiting from weaker dollar on soft US macroeconomic data,…
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Technical Outlook

EURSD remains constructive but formation of bull-trap warns

Slobodan Drvenica Jul 4, 2024
EURUSD remains at the front foot in early Thursday’s trading and holding under new three-week high (Wednesday’s spike at 1.0816). Bulls probe again through cracked daily Kijun-sen (1.0791) and look for retest of daily cloud top (1.0808).…
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Technical Outlook

Dollar extends weakness after downbeat ADP data, US services PMI and NFP eyed for more signals

Slobodan Drvenica Jul 3, 2024
The dollar index fell to one week low on Thursday, extending weakness into second consecutive day, after being pressured by dovish comments from Fed Chair Powell, while weaker than expected ADP private sector payrolls report further soured…
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Technical Outlook

GBPUSD lifted further by better than expected UK PMI data

Slobodan Drvenica Jul 3, 2024
Cable advances for the second consecutive day, underpinned by better than expected UK services PMI (dominant sector of the economy) released earlier today. Fresh bulls cracked psychological 1.2700 barrier and nearby pivotal Fibo…
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Technical Outlook

EURUSD – bulls regain control and look for retest of key barriers

Slobodan Drvenica Jul 3, 2024
EURUSD regained traction on Wednesday after moving within wide swings but without direction in past two days. Fresh strength looks for retest of pivotal barriers at 1.0768/71 (55DMA / daily cloud base), which capped Monday’s attack.…
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Technical Outlook

Gold price rises ahead of key economic data but still holding within broader range

Slobodan Drvenica Jul 3, 2024
Gold price rose during early trading on Wednesday, after being stuck within a narrow congestion in past three days. Fresh strength hit the highest in almost two weeks, though the wider picture shows the price moving within larger range…
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Central Banks

Fed needs more evidence of falling inflation before start cutting rates – Powell

Slobodan Drvenica Jul 2, 2024
The US central bank still needs more data before cutting interest rates to ensure that recent weaker inflation readings give a true picture of what is happening to underlying price pressures, Federal Reserve Chair Jerome Powell said on…
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Technical Outlook

WTI oil price rises above $84 for the first time in over two months

Slobodan Drvenica Jul 2, 2024
WTI oil price rose to nine-week high on Tuesday, in extension of strong Monday’s strong rally (up almost 2.5% for the day). Increased demand due to summer driving season and persisting supply fears on heated geopolitical situation…
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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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