Recent content by WindsorBrokers

EURUSD The Euro returned below broken bear-channel resistance line and daily 20SMA, above which it closed on Friday’s strong rally. Friday’s daily candle with very long tail, showed renewed buying interest, however, fresh bulls in Asia that initially peaked at 1.0967, were short-lived, keeping...

EURUSD The Euro is back above 1.10 handle, where it closed on Friday, after recovery rally was capped by bear-trendline that connects 1.1712 and 1.1458 peaks at 1.1070 and daily candle with long upper shadow, signaled strong selling interest. Further recovery cannot be ruled out, as daily slow...

EURUSD The Euro closed yesterday below former low of 30 July at 1.0891, leaving a long red candle that confirms further extension of the downleg from double upside rejection at 1.1121/28. Firm bearish tone on all timeframes, suggests final push towards short-term base and breakpoint at 1.08...

EURUSD Two-day bullish acceleration peaked at 1.1283 yesterday, after the pair left another long green daily candle and closed above pivotal 1.1206/18 resistance zone, former lower top of 22 May and Fibonacci 61.8% of 1.1465/1.0818 slide. Daily indicators reversed above their midlines...

EURUSD Euro skyrocketed yesterday on fresh hopes for solution of Greek’s debt problem, rallying from day’s low at 1.0914 to 1.1188 peak, ticks away from the next pivot at 1.1206, lower top of 22 May. Yesterday’s rally marks the biggest daily gain in past three months and is reviving bulls on...

EURUSD Asian trading saw probe below psychological 1.10 support, as the pair’s near-term price action remains biased down. Friday closed in red, just above 1.10 handle that was seen as brief consolidation, before fresh push lower. Fresh weakness penetrated daily cloud top at 1.0979...

EURUSD The pair left hourly higher base at 1.1200, reinforced by daily 100SMA, on yesterday’s strong bullish acceleration that peaked ticks below pivotal barrier at 1.1390, 07 May peak. Rally left long green daily candle, with strong bulls, re-established on near-term studies, looking for...

EURUSD The Euro returned above 1.05 handle, on profit-taking rally, following last Friday’s weakness that posted fresh 12-year low at 1.0461. Strong bearish tone remains in play, confirmed by long red candles on daily / weekly charts, keeping focus at the downside and showing so far no...

EURUSD The single currency remains entrenched within 3-week range and holding near-term neutral tone. Yesterday’s rally that ended day in Hammer candlestick could be seen as bullish signal in case of close above pivotal 1.1450 high, ceiling of narrower 1.1320/1.1450 range, reinforced by...

EURUSD The Euro return to directionless mode after past two days bumpy ride and consolidates around 1.14 handle. The pair rallied yesterday, after Monday’s fall found support above 1.13 level and subsequent bounce cracked pivotal 1.1443 barrier, high of 13 Feb. Neutral near-term mode is...

EURUSD Yesterday’s Doji confirms near-term neutral mode, with price action being entrenched within 1.1268/1.1358 range. Daily 10SMA continues to cap, keeping the downside vulnerable, as 4-hour studies remain negatively aligned. End of consolidative phase and break below 1.1260 base...

EURUSD The Euro started the week with gap-lower opening, as expected, according to the results of Greek elections, which increase pressure on the single currency, already weakened by recent SNB and ECB decisions. Lower opening of some 70-pips gap and fresh weakness below last Friday’s low...

EURUSD The Euro probes again below 1.25 support, Fibonacci 76.4% of 1.2042/1.3992 ascend / psychological support, which was dented last Friday, but the pair failed to sustain break closing above the level. Daily and weekly close in red confirms bearish stance, as confirmation of completion...

EURUSD The Euro maintains near-term positive sentiment off 1.2612 low, posted on 23 Oct. Yesterday’s acceleration higher, cracked initial barrier at 1.2750, but so far holds below broken bull-trendline from 1.2499 low, currently at 1.2780. Positive near-term studies favor further upside, as...

EURUSD The Euro continues to gradually move lower on approach to initial targets at 1.2800, round figure support and more significant 1.2786, Fibonacci 61.8% of 1.2042/1.3992 ascend and higher base of Mar/July 2013 at 1.2754/44. Overall picture remains bearish and sees further downside...