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

Gold price is higher on Tuesday on profit taking from three-day steep fall, which hit new 2 ½ week low at $1322. The upside action was so far limited as strong dollar and reduced safe-haven demand continue to weigh. Recovery attempts were…
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WTI oil regained strength and bounced above $69 on Tuesday, after attempts to extend corrective pullback from new high at $69.54 (posted on 19 Apr) was strongly rejected on Monday. Rising 10SMA contained dip and continues to underpin fresh…
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The Aussie dollar extends steep fall of past three days on Tuesday and cracks key supports at 0.7635/17 (Fibo 38.2% of larger 0.6826/0.8135 ascend / main bull-trendline off 2016 low at 0.6826). Firm break here would generate strong bearish…
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The pair maintains firm bullish tone in early Tuesday's trading and extended strong rally on Monday (up 0.85%, the biggest one-day gain since 28 Mar) to new 2 ½ month high at 108.87. Close above double-Fibonacci barriers at 108.25/49 on…
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The Euro extends steep three-day fall on Tuesday and broke below rising 100SMA (1.2206) which was cracked on Monday's strong bearish acceleration when the pair was down 0.5%. The single currency was down around 1.5% on fall from 1.2413…
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Cable holds in red for the sixth straight day and attempts to extend steep descend from last week's peak at 1.4376 (the highest level after Brexit vote). Strong bearish signal was generated on Monday's break and close below pivotal support…
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The pair remains firmly in green for the fourth straight day and hit new recovery high at 1.2840 (the highest since 04 Apr). Fresh extension higher on Monday marked over 50% retracement of 1.3124/1.2527 bear-leg) and pressures key barrier…
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Strong bearish acceleration on Monday extends steep fall of last Thu/Fri, marking so far near 1% loss for the day.Fresh bears broke through thin daily cloud and pressure strong supports at $1319/18 (06 Apr low / rising 100SMA).Stronger…
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The pair extends recovery from 4.0040 higher base (low of correction from new record high at 4.1932) into third straight day, signaling that bulls are regaining traction after pullback. Lira remains weak and correction was positioning for…
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Cable remains in steep descend which extended into fifth straight day and broke below key supports at 1.4000/1.3965 (psychological support / Fibo 61.8% of 1.3711/1.4376 / 05 Apr trough) on fresh bearish acceleration on Monday. Sterling…
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