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

Oil price is holding in red for the third straight day, under fresh pressure on renewed concerns about economic situation in the world’s two largest oil consumers – US and China. Crisis in banking sector and no results in solving problem…
Read More...

The dollar index remains constructive and extends higher in European trading on Friday, following 0.7% advance on Thursday. The greenback benefited from renewed safe-haven demand, sparked by growing concerns over US debt ceiling case and…
Read More...

The Euro remains at the back foot in early Friday following 0.6% drop on Thursday, which generated bearish signal on eventual close below pivotal Fibo support at 1.0960 zone (23.6% retracement of 1.0516/1.1095 rally / daily Kijun-sen).…
Read More...

Australian dollar lost ground and declined almost 1.2% until the start of US session on Thursday, hit by weaker than expected China’s April inflation data. US weekly jobless claims rose well above consensus and reached the highest since…
Read More...

Cable is standing at the back foot in European trading on Thursday, ahead of key event – BoE rate decision. Extension of pullback from new 2023 high (1.2679, posted on Wednesday) hit weekly low and pressure pivotal supports at 1.2555…
Read More...

The USDJPY edges higher in early Thursday, keeping slight bullish bias as recent drops (larger pullback from May 2 peak at 137.77 and Wednesday’s dip) were contained by rising bull-trendline off 129.61 (Mar 24 low) and also registered…
Read More...

Gold keeps firm tone well above $2000 level, following last week’s spike to new marginally higher all-time high, though traders remain cautious and continue to collect profits on jumps above $2050. The metal is supported by prospects of…
Read More...

US consumer prices increased by 0.4% in April, in line with expectations, after gaining 0.1% previous month, while annualized figure showed rise of 4.9% compared to 5.0% forecast / March advance. Core inflation, stripped for volatile…
Read More...

The Euro is holding around pivotal Fibo support at 1.0960 (23.6% of 1.0516/1.1095) after several attacks failed to register a daily close below this level, pointing to significance of support and adding to signals of another rejection.…
Read More...

Sharp drop from a narrow multi-week range (7.84/7.85) extends into the second consecutive day and generating an initial reversal signal, though with more evidence needed for confirmation of the signal. Fresh dip broke through strong…
Read More...