Windsor News & Research Blog - Forex & CFD Market Analysis

Gold price rose further on Friday, extending recovery from $1915, where the higher base is forming after three-day fall found firm ground, after being contained by 200DMA. Weaker dollar on end-of-week profit taking contributed to fresh…
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GBPUSD is taking a breather at 1.2500 zone as larger bears face headwinds on approach to pivotal 200DMA support (1.2425). Bounce from Thursday’s new multi-week low (1.2445) was so far limited and unable to sustain gains above 1.2500…
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EURUSD is consolidating just above pivotal Fibo support at 1.0695 (76.4% of 1.0516/1.1275) in early Friday, as larger bears found temporary footstep here. The pair is on track for the eight consecutive weekly close in red which…
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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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