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

Turkish lira hit session low at 6.7339 in early Monday's trading as release of CPI data showed Turkish inflation rose further in August and hit the highest in 15 years at 17.9%, overshooting forecast at 15.85%. Lira managed to recover part…
Read More...

The Euro stands in red during mid-European and early US trading and extends pullback through initial support at 1.1656 (base of thin daily cloud).Thursday's close in red created bearish outside day pattern, generating initial negative…
Read More...

Turkish lira rose on Friday, taking a breather of four-day fall which hit the lowest since 13 Aug record low, on spike to 6.8379 on Thursday. Fresh support to lira came from decision to lower withhold taxes on lira's deposits and increase…
Read More...

The Australian dollar extends weakness on Friday, holding firmly in red for the fourth consecutive day and on track for strong bearish weekly close. Extension of Thursday's strong bearish acceleration was partially limited by better than…
Read More...

The pair remains under increased pressure on Friday, with extension of previous day's strong fall (down 0.64% in the biggest one-day fall since 20 July), which formed bearish outside day and generated initial negative signal. Repeated…
Read More...

Cable remains firm and holding above 1.30 on Friday but lacks strength for attack at pivotal barrier at 1.3052 (falling 55SMA). Momentum remains strong but starts moving sideways, with overbought slow stochastic, generating initial signal…
Read More...

The Euro holds in a narrow range and within narrowing daily cloud in early Friday's trading, maintaining bullish bias despite Thursday's close in red. Overall bulls are showing signs of fatigue as slow stochastic reversed from overbought…
Read More...

WTI oil price consolidates within narrow range above thin daily cloud on Thursday, after strong rally previous day, which eventually broke and closed above pivotal barriers at $68.60/92 zone (Fibo 38.2% of $75.34/$64.43 descend;…
Read More...

The Australian dollar holds in red for the third straight day and pressures Wednesday's low at 0.7275, where initial dip was strongly rejected. Series of weaker than expected Australian data, released overnight, keep the Aussie under…
Read More...

Cable is consolidating above psychological 1.30 barrier on Thursday, following previous day's 1.1% rally, the biggest one-day gains, after the EU offered Britain post-Brexit partnership. The pound advanced on easing concerns about hard…
Read More...