Windsor News & Research Blog - Forex Market Analysis & Trading Insights

The Euro holds in red for the third consecutive day and accelerates lower in early Thursday, cracking pivotal supports at 1.0800/1.0790 zone (former higher base / Fibo 61.8% of 1.0695/1.0981 / base of thick daily Ichimoku cloud).…
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The UK's economic performance in 2023 reflected a challenging environment, with GDP contracting by 0.1% in the third quarter and a further 0.3% in the fourth quarter, as confirmed by official figures. This confirms that the UK entered a…
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AUDUSD remains under pressure as the price action was capped by the base of thick daily cloud (currently at 0.6531) in past few sessions, while a batch on daily MA’s in bearish configuration, weighs heavily. Bears pressure a higher base…
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The USDCHF continues to trend higher within the broader bull-channel and hit new multi-week high (the highest since Nov 2) on Wednesday. Larger bulls accelerated after surprise rate cut by SNB last week, which increased pressure on Swiss…
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USDJPY rose to new, marginally higher multi-decade high (151.97) in Asian session on Wednesday, signaling that bulls remain firmly in play, after the dollar received fresh boost from better than expected US data on Tuesday. Bullish…
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The recent data on US durable goods orders paints a positive picture for the economy, indicating a stronger-than-expected increase of 1.4% in February, surpassing the forecast of 1.1%. Although there was a downward revision in January's…
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WTI oil price is holding within a tight range on Tuesday and consolidating Monday’s 1.40% advance, sidelined by mixed fundamentals. Supply concerns following recent attacks on Russian oil installation, which may cause longer disruptions…
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Gold price jumped on Tuesday and retested psychological $2200 barrier, inflated by weaker dollar on improved sentiment about Fed rate cuts and persisting geopolitical risks. Market awaits release of US inflation data, due later this…
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Cable remains constructive in early Tuesday’s trading, after it was lifted by better than expected UK data on Monday and fading expectations for BOE rate cut in May. Fresh recovery was also underpinned by a double downside rejection at…
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Recovery from correction low ($60688) extends into third consecutive day and accelerates on Monday, adding to signals that corrective phase from new record high ($73839) might be over. Fresh advance rose above 61.8% Fibonacci retracement…
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