Windsor News & Research Blog - Forex & CFD Market Analysis

WTI oil price is moving within a tight range but holding traction on Friday following a pullback from new 2023 high ($95.00) on Thursday (down 2% for the day). Overall structure remains bullish, with tight supply on Saudi Arabia and…
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AUDUSD extends strong bounce from new 2023 low (0.6331) into second straight day, driven by profit-taking at the end of the month / quarter. Slight change in Fed’s narrative on monetary policy from hawkish stance to unclear signals…
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Gold price fell to the lowest in over six months on Thursday, extending steep fall into fourth consecutive day and generating a total loss of nearly 3% in just four days. The metal came under increased pressure from growing expectations…
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The dollar index eases from new 2023 high (106.52) on Thursday, as bulls faced headwinds from overbought condition on daily chart and top of thickening weekly Ichimoku cloud (106.61). The greenback remains well supported by better than…
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EURGBP extends pullback from new multi-week high (0.8705) into second consecutive day, adding to initial warning of stall and formation of reversal pattern on daily chart. Larger bulls faced a multiple rejection under pivotal 200DMA…
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USDJPY edged lower from new multi-month high in early Thursday’s trading, as bulls approached psychological 150 barrier and started to face headwinds. Overbough daily studies and possibility that Japanese officials may intervene around…
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Bears are taking a breather just above 2023 low (1.0483) following steep bearish acceleration in past six days (the pair was down 1.7%), as daily indicators fell deep in oversold territory, prompting traders to collect some profits.…
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Gold price extends fresh bearish acceleration into third straight day and dipped below $1900 level, hitting the lowest in five weeks on Wednesday. Bears cracked key near-term support at $1884 (Aug 17/21 lows) with sustained break lower…
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WTI oil price rose around $1.5 a barrel in European trading on Wednesday, as concerns about tight supply ahead of winter season sidelined worries of weaker demand on economic slowdown in the US and Europe. Signals that the US economy is…
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EURGBP keeps bullish stance but a multiple failure under 200DMA (0.8709) warn that bulls face strong headwinds and keep larger rally on hold. The price has stayed below 200DMA indicator since early May that adds to signals of stall, as…
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