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

WTI oil price rose on Wednesday, keeping bullish near-term bias and extending gains into third straight day. Fundamentals were boosted by unexpected fall in crude stocks (Tuesday’s API report showed draw of 5.17 million barrels compared to…
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The Aussie dollar holds in red on Wednesday, easing from recovery top at 0.7383, as risk aversion on the newest political turmoil in the US and overbought condition weigh on near-term bulls. Corrective dips may extend as slow stochastic is…
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Cable eases from new recovery high at 1.2925, posted after four-day rally which accelerated on Tuesday on strong UK data. Recovery was capped by falling 20SMA, with barrier reinforced by Fibo 38.2% of 1.3362/1.2661 descend. Profit-taking…
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The Euro is consolidating in early Wednesday's trading, following strong bullish acceleration in past four days. Rally from 1.1300 (15 Aug low) hit high at 1.1600 on Tuesday, but failed to close above falling 30SMA (1.1589) and Fibo 61.8%…
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The greenback firmed in late Asian trading after being hurt by fresh political case in the US and retests daily cloud base 110.52, which capped Monday's recovery attempts. Barrier is reinforced by falling 10SMA (110.65), with firm break…
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Bulls are taking a breather on Tuesday, following two days of strong rally on softer dollar, after failing to take out barriers at $1194/95 (falling 10SMA / Fibo 61.8% of $1217/$1160 bear-leg). North-heading momentum and slow stochastic…
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WTI oil holds within tight range on Tuesday, extending choppy and directionless mode into third straight day. Mixed fundamentals keep the price without clear direction, as expected impact on sanctions on Iran were offset by concerns about…
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Reversal from 0.7202 (15 Aug low) extends into fourth straight day and probed through important barrier at 0.7357 (falling 20SMA / Fibo 61.8% of 0.7453/0.7202 bear-leg) but so far without clear break higher. Further hesitation here could…
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The pair is consolidating after strong two-day fall which resulted in close below daily cloud. Today's extension lower probed below key supports at 110.00/109.85 zone (double-Fibo / 100/200SMA's), but dip was so far short-lived, showing…
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The Euro extends recovery rally into fourth straight day, supported by softer dollar and cracked very strong barriers at 1.1542/45 (falling 20SMA / weekly cloud base). The single currency received additional boost from comments of…
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