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

The pair faces headwinds from strong 109.75 barrier (20SMA / daily Kijun-sen / 50% retracement of 111.39/108.11 bear-leg) in early Monday’s trading. Strong post-US data rally on Friday stalled here and today’s renewed attack was capped,…
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The Euro holds positive tone in early Monday’s trading and probes again above cracked pivotal barriers at 1.1672 (10SMA) and 1.1695 (Fibo 38.2% of 1.1996/1.1509 bear-leg). However, the pair is still holding within the range of past two…
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Cable stands at the front foot at the beginning of the week and broke above Fibo barrier at 1.3362 (38.2% of 1.3617/1.3204 bear-leg) after Friday’s trading closed above 10SMA (1.3332) and generated bullish signal. Repeated close above…
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The Aussie dollar advanced strongly in Asia on Monday, driven by upbeat data. Australian corporate profits rose by 5.9% in Q1, beating forecast for 3.0% rise, while retail sales were up 0.4% in April vs 0.2% forecast. Better than expected…
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US jobs data surprised higher in May. Non-Farm payrolls rose 223K, beating expectations for 188K rise, while previous month’s figure was revised lower to 159K from initial 164K release. Average hourly earnings, one of closely-watched…
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Spot Gold trades within extended triangular consolidation with tight range on Friday, in expectation of US jobs report which is expected generate stronger direction signal. The price is holding between converging 10SMA ($1297)…
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WTI oil price moved higher on Friday after falling 1.7% previous day as report of further rise in US oil production offset positive impact from a massive draw in US crude inventories (3.6 million barrels vs forecasted draw of 0.4…
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The Aussie dollar dipped to session low in Asia on Friday after previous day’s upside attempts stalled under strong 0.76 zone barrier. Renewed fears about trade war as the US imposes new tariffs on imported steel and aluminum kept…
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The pair accelerated higher in early Friday’s trading, following triple downside rejection which left long-tailed daily candle of past three days, signaling that pullback from 111.39 (21 May high) runs out of steam. However, prevailing…
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Cable stood at the back foot in Asia on Friday, with recovery attempts in early European trading, but near-term outlook is negatively aligned. Thursday’s strong upside rejection which left daily candle with long upper shadow…
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