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

The Aussie dollar accelerated lower in Asian session on Wednesday, after the US said on Tuesday it would impose an extra tariff on Chinese goods. The Australian dollar is considered as a proxy for China-related trades and reacted…
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The Turkish lira recovered modestly on Tuesday, following strong fall on Monday (the biggest one-day fall since 4 May 2016), sparked by announcement that Turkish President Erdogan appointed his son in law as financial minister. Lira…
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The Euro remains in red at the beginning of the US session on Tuesday and holds below daily cloud base, after being hit by downbeat German data earlier today. German ZEW data showed investor morale fell strongly in July and hit the lowest…
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Spot Gold holds in red on Tuesday and dips below $1250 handle, as dollar strengthened on short-covering. Bearish signal was generated on Monday’s strong upside rejection at $1265 (Fibo 38.2% of $1309/$1237) and subsequent easing which…
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Brent oil rallies strongly for the second day and is on track to fully retrace corrective phase from $79.54 (29 June high) to $76.35 (06 July low) which was contained by top of thick daily cloud. Fresh boost to oil prices comes from…
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Cable accelerated lower from session high at 1.3301 and fell over 50 pips after UK data disappointed. UK industrial output unexpectedly fell by 0.4% in May vs forecasted +0.5%; GDP came in line with expectations (0.3%) while Manufacturing…
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The pair extends rally from 110.30 higher base into the second straight day and hit new high at 111.20 (the highest since 22 May) on Tuesday, on probe above key near-term barrier at 111.13 (03 July high / 20-d upper Bollinger band). Fresh…
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The Euro stands at the back foot in early Tuesday’s trading, following strong upside rejection on Monday, which left daily candle with long upper shadow, but still holding above initial support at 1.1737 (daily cloud base) and keeping alive…
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Cable is consolidating above Monday’s low at 1.3189 in early Tuesday’s trading following strong fall after two key Eurosceptic ministers from PM May’s cabinet quit on Monday. Renewed concerns about hard Brexit put sterling under increased…
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Cable fell sharply in early hours of US trading on Monday, on news that UK foreign minister Boris Johnson resigned. This was the second resignation from the cabinet today, as Brexit minister Davis quit earlier today. Pound was initially…
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