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

The Aussie dollar probes breaks into daily cloud on Monday, supported by fresh risk appetite ahead of historical US/NK summit on Tuesday. Repeated close below daily cloud on Thu/Fri was bearish signal, but pullback from 0.7676/73 tops…
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Cable fell sharply on Monday, hit by disappointing UK data. UK Manufacturing Production dropped 1.4% in April vs forecasted increase of 0.3%, which marks the biggest drop since Oct 2012. Industrial production was down 0.8% in April,…
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The Euro remains bid in early Monday's trading despite trade war concerns after G7 failure. Fresh strength probes through key barriers (55SMA / Fibo 61.8% of 1.1996/1.1509 bear-leg) at 1.1796/1.1810 respectively, after falling 55SMA capped…
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The pair regained traction in late Asian / early European trading on Monday, after starting week with gap-lower on renewed trade war fears, following G7 meeting failure as President Trump pulled out of G7 joint communique. The dollar…
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Cable holds within tight range in the mid-European trading on Friday, signaling further indecision after Thursday's action ended in long-legged Doji. The pound was initially supported by upbeat comments from BoE deputy governor Ramsden,…
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The Euro moves lower after spiking to 1.1839 on Thursday (the highest since 16 May) but failing to close above pivotal barriers at 1.1810 (Fibo 61.8% of 1.1996/1.1509) and 1.1817 (falling 30SMA). Corrective dip is likely to precede fresh…
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The pair stands at the back foot in early Friday's trading and maintaining negative tone after strong fall on Thursday. The dollar came under pressure on strong rhetoric from G7 which reduced risk sentiment as G7 leaders are set to clash…
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The USDTRY holds in tight range on Thursday and awaiting key event today, the CBRT rate decision, due at 11:00 GMT. The central bank is expected to hike rates in order to fight rising inflation, with expectations holding between 50 and…
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WTI oil price remains in red on Thursday and holds near two-month lows ($64.21/26) but downside attempts were so far contained by the base of rising daily Ichimoku cloud ($64.74). Cloud base acts as strong support as spikes in past two…
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The Aussie dollar holds in red in early European trading after upside attempts were repeatedly capped by bear-trendline at 0.7674 (drawn off 0.7988, 11 Feb high) and additional pressure came from weaker than expected Australia’s trade data.…
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