Tag: Windsor Brokers

copper

17

Jan2018
Copper remains in red for the second day and extends weakness, as the greenback regains traction. Tuesday's bearish outside day was negative signal which resulted in fresh easing today. Brief recovery attempts in early European trading were short-lived, signaling increased risk for further extension of bear-leg from $3.3200 peak on sustained break ... Read More
January 17, 2018Mirjana Sendula
gold

17

Jan2018
Spot Gold stands at the back foot on Wednesday and keeps near-term focus at Tuesday's spike low at $1331, after upside attempts in Asian session were rejected just under new four-month high at $1344. Near-term bias is turning in negative mode as the yellow metal comes under pressure on moderately stronger ... Read More
January 17, 2018Mirjana Sendula
oil

17

Jan2018
WTI oil stays in red on Wednesday after previous day's negative close which generated reversal signal. Fresh weakness pressures solid support at $63.25, provided by rising 10SMA, with break here needed to generate fresh bearish signal. Larger bulls look for correction before continuing higher as overall sentiment remains firm on OPEC-led production ... Read More
January 17, 2018Mirjana Sendula
AUDUSD

17

Jan2018
The Aussie dollar hit new high at 0.7998 on Tuesday (the highest since 21 Sep) but failed crack psychological 0.8000 barrier. Subsequent pullback signals hesitation, as Tuesday's action ended in Doji candle. Daily RSI and slow stochastic are overbought and suggest bulls may hold in extended consolidation before eventually breaking through 0.8000 ... Read More
January 17, 2018Mirjana Sendula
USDJPY

17

Jan2018
Bears faced strong headwinds from key supports at 110.15/00 (Fibo 61.8% of 107.31/114.73 rally / psychological support) and risk consolidation, possibly extended upticks in the near term. Oversold daily studies support scenario, with recovery action facing solid resistance from thick hourly cloud, spanned between 110.72 and 111.01. Limited upside is seen as ... Read More
January 17, 2018Mirjana Sendula
GBPUSD

17

Jan2018
Bulls are pausing for the second day, with long-legged Doji left on Tuesday and today's action being so far shaped in Doji candle, signaling indecision. Steep three-day ascend from 1.3457 trough might be running out of steam, despite posting marginally higher high today on spike to 1.3836. Bulls touched resistance at 1.3837 ... Read More
January 17, 2018Mirjana Sendula
EURUSD

17

Jan2018
The Euro stays in a choppy mode for the second day, despite brief probe above 1.2300 barrier overnight. The pair returned quickly from the session high at 1.2323, staying at the back foot during European trading. Strong indecision is signaled by long-legged Doji left on Tuesday, with today's action remaining in directionless ... Read More
January 17, 2018Mirjana Sendula
USDTRY

16

Jan2018
The USDTRY pair spiked to 3.8330, the highest in one month on Tuesday, after downside attempts were repeatedly contained by the base of rising daily cloud. Fresh bullish acceleration broke above important resistance at 3.8131 (daily Kijun-sen) and 3.8262 (Fibo 38.2% of 3.9814/3.7303 pullback), but gains were so far short-lived, as ... Read More
January 16, 2018Mirjana Sendula
oil

16

Jan2018
WTI oil price moved lower on Tuesday, pressured by stronger dollar and overbought techs which suggest correction. Oil price posted marginally higher high at $64.87 on Monday (the highest in more than three years) but was unable to sustain gains. Corrective action looks as likely scenario in the near-term, as overbought daily ... Read More
January 16, 2018Mirjana Sendula
copper

16

Jan2018
Copper fell sharply on Tuesday, falling nearly 3% for the session, pressured by fresh strength of the dollar which bounced from new three-year low. Monday's recovery action stall and today's fall generated bearish signal, as fresh weakness completed failure swing pattern on daily chart, on break below previous correction low at ... Read More
January 16, 2018Mirjana Sendula
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