Windsor News & Research Blog - Forex & CFD Market Analysis

Attempts to extend strong rally of past two days failed at pivotal Fibo barrier at 0.8599 (61.8% of 0.8657/0.8503), as probe above faced strong headwinds from thick falling daily cloud (base of the cloud lays at 0.8610). Short-lived…
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The Euro rose further in early trading on Tuesday, signaling that bulls remain fully in play, despite a double-Doji in past two days which pointed to indecision. Fresh bullish extension cracked important Fibo resistance at 1.1274 (61.8%…
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Pullback from new 2023 high (1.3141), where last week’s strong bullish acceleration was repeatedly rejected, extends into the second straight day. Strongly overbought RSI /stochastic and fading bullish momentum on daily chart,…
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Australian dollar remains firmly in red for the second consecutive day and extends pullback from multi-week tops (0.6894). Weaker than expected China’s GDP added pressure on Aussie dollar, as yuan and China stock prices fell after data.…
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Gold price remains within a narrow consolidation for the third day, despite signals of pullback after the action was repeatedly rejected at pivotal Fibo barrier at $1964 (38.2% retracement of $2080/$1892). Near-term action continues to…
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The USDJPY is consolidating above rising daily cloud in early Monday, trying to capitalize from initial reversal signals (strong rejection above converged 100/200DMA’s / two week downtrend contained by weekly cloud top / Friday’s bullish…
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The Euro remains at the front foot in early Monday trading, although strongly overbought daily studies and Friday’s Doji candle, suggest that the uptrend may pause. Strong bullish acceleration in past seven days also faced headwinds from…
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Cable is consolidating under new 15-month high (1.3141) on Friday, as bulls started to lose traction after advancing 7.5% this week. A pause after six straight days of uninterrupted rally looks like logical scenario, as traders look for…
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The USDJPY bounces on Friday, registering significant gains for the first time in seven days and generating initial signal of correction. Pullback from new 2023 high (145.06), which accelerated after dollar came under increased pressure…
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The dollar index holds firmly in red for the seventh consecutive day and on track for the biggest weekly loss in thirteen months, deflated by expectations that the Fed may end its tightening cycle in the near future and additionally…
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