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

The Euro extended recovery on hopes that renewed attempts of Italy to form a government and avoid snap elections which could deepen political turmoil. The single currency also benefited from better than expected German inflation data (May…
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The pair remains in red on Wednesday but holds above Tuesday’s low at 0.9850, when strong bearish acceleration cracked key supports at 0.9881 (top of weekly cloud) and 0.9856 (Fibo 38.2% of 0.9534/1.0056 upleg) but failed to…
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Basing attempts are seen on daily chart as oil price holds for the third straight day above the top of rising daily cloud which so far contained steep fall in past few days. Profit-taking could boost the price and signal reversal on break…
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The Aussie dollar strengthened in European session on Wednesday after hitting new two-week low at 0.7475 in Asia on downbeat Australian building approvals which fell 5% in Apr, undershooting forecast for 2.9% fall. Fresh recovery was…
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The pair holds above strong 108.15/00 support zone (converging 100/55SMA’s / 50% of 104.63/111.39 ascend) on Wednesday and consolidating losses of past two days. Tuesday’s strong downside rejection (daily low at 108.11) signals bears…
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Cable tracks the Euro in early European trading and extends bounce from new multi-month low at 1.3205. Fresh extension higher pressures 1.33 resistance zone (Tuesday’s intraday high / falling 5SMA) break of which would sideline immediate…
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The Euro moved higher from new 10-month low at 1.1509 on Wednesday after rumors that Italy may not force snap election provided temporary relief. Additional boost to the single currency in early Wednesday’s trading came from better than…
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The Aussie dollar remains in red on Tuesday despite bounce from session low (0.7509) also one week low, as the upside was capped by falling 30SMA which limited the action in past few days and maintains pressure. Daily MA's returned to…
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Cable bounces from European session low at 1.3205 after bears touched weekly cloud top, facing strong headwinds. Limited consolidation is seen as likely near-term scenario as studies remain bearish and rising concerns about political…
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The USDCAD pair extends bull-leg from 1.2742 (22 May low), trading in green for the sixth consecutive day and establishes above psychological 1.30 barrier, which was cracked on Monday but bulls failed to close above. Strong bullish…
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