Windsor News & Research Blog - Forex & CFD Market Analysis

AUDUSD consolidation extends into second consecutive day, with the action so far holding between new 2023 low (0.6357 and broken Fibo 76.4% (0.6403). Aussie dollar remains under pressure from firm US dollar, helped by better than…
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The dollar index holds firm tone in early Thursday’s trading and pressuring 105.00 round figure barrier, ahead of more significant resistances at 105.13/47 (Fibo 38.2% retracement of 114.72/99.20 / weekly cloud base). Wednesday’s better…
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USDJPY bulls are taking a breather after three-day rally which accelerated to new 2023 high on Tuesday (the pair was up 0.9% for the day). Traders remain cautious on looming intervention, as Japan’s authorities reiterated their readiness…
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GBPUSD remains at the back foot on Wednesday and holding just above new 11-week low at 1.2527, posted on Tuesday after 0.5% daily drop, which completed bearish engulfing pattern on daily chart, adding to negative near-term signals.…
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Gold price is consolidating within a narrow range on Wednesday, as recent three-day pullback ran out of steam after posting the biggest one-day loss in more than a month on Tuesday. Fresh bears faced headwinds at pivotal Fibo support at…
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WTI oil price edged lower in early Wednesday’s trading, after advancing 0.9% on Tuesday and hitting new 2023 high ($88.02), underpinned by decision of Saudi Arabia and Russia to extend its voluntarily output cuts in the fourth quarter.…
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Australian dollar was sharply lower on Tuesday (down nearly 1.3% in Asian / European session), after the Reserve Bank of Australia kept interest rates unchanged at 4.1% for the third consecutive month. The RBA argued its decision by…
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The Euro lost traction on Tuesday and fell to 2 ½ week low, after Monday’s recovery attempts proved to be just a mild consolidation. Renewed risk aversion and series of weaker than expected Aug services PMI data from Eurozone member…
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EURUSD edged higher in early Monday, driven by fresh risk appetite, after Friday’s US labor data signaled that the Fed might be done with hiking interest rates. Fresh gains emerge after a multiple failure to register clear break through…
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  The US Nonfarm Payrolls report showed that the economy added more jobs than expected in August, but surprise jump in unemployment and cooling wage growth tempered initial positive signal and added to expectations that Federal Reserve…
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