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

The Euro is holding within a narrow range on Friday but keeps slight bullish bias on strong positive momentum and the pair being on track for the first bullish weekly close in five weeks. On the other hand, multiple failure to clear…
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The euro zone services PMI jumped to 50.0 in February from January's 48.4, strongly overshooting consensus for 48.8, while manufacturing PMI dropped to 46.1 in February from 46.6 previous month beating expectations for a rise to 47.0.…
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The minutes of US the Federal Reserve's Federal Open Market Committee last policy meeting showed that policymakers remain concerned about the risks of cutting interest rates too soon, but also pointed to uncertainty about how long interest…
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WTI oil extends pullback into second consecutive day after recent rally repeatedly failed to clearly break pivotal Fibo barrier at $78.13. Subsequent easing is generating an initial signal of reversal and formation of a lower platform at…
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The dollar index rose in in early trading on Wednesday, recovering losses from the previous day, driven by drop in global bond yields, as traders await release of FOMC minutes (due later today) for fresh signals. Pullback from new…
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Canada's inflation rate slowed more than expected to 2.9% in January, down from 3.4% in December, beating expectations for a more minimal drop to 3.3% and marking the dip below 3% for the first time since June 2023. The monthly consumer…
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The announcement of China's largest-ever reduction in the benchmark mortgage rate reflects the government's efforts to support the struggling property market and stimulate the broader economy. Here are some key points from the information…
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USDJPY remains constructive above psychological 150 level which reverted to support and managed to contain pullback from new three-month high (150.88). Rising 10DMA is nearing this level and reinforcing support, keeping focus at the…
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Recovery leg from $1984 (9-week low of Feb 14) extends into third straight day after short-lived probe below psychological $2000 level was contained by 100DMA and Morning Doji Star reversal pattern formed on daily chart. Although the…
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The Euro narrowed range in holiday-thinned Monday trading, as bounce from last Wednesday’s 13-week low (1.0695) started to lose traction after being repeatedly capped by 100DMA (1.0790). Formation of bear-trap below Fibo 61.8% support on…
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