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

WTI oil remains continues to move lower for the fourth straight day and pressures psychological support at $70 on Friday. Fresh extension of pullback from $72.89 high which generated initial bearish signal on close below 10SMA on Thursday,…
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The Aussie dollar edged higher on Friday and retests highs of past two days at 0.7582, underpinned by formation of 5/30SMA bull-cross and keeping in play bullish bias on daily chart. Strong bullish momentum also supports scenario as weekly…
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Cable stands at the back foot and hit session low at 1.3334 in early European trading on Friday, following short-lived recovery attempt to 1.3421 on Thursday. Near-term tone softened after warning from BoE Governor Carney on Thursday who…
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The Euro holds in red in early trading on Friday and probes through 1.17 handle as dollar firmed despite US - North Korea tensions. Bears are taking a breather above weekly cloud top (1.1675) which was tested on Wednesday and may stay in…
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The USDTRY bounced to 4.79 zone on Thursday, retracing the big part of Wednesday's post-CBRT 4.88/4.51 fall, but the outlook for lira slightly improved after Turkish central bank eventually raised interest rate. The CBRT's emergency…
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WTI oil remains in red for the third straight day and pressures Wednesday's spike low at $71.18.Concerns over strong rise in weekly oil inventories (US crude stocks rose 5.77 million barrels vs forecasted draw of 1.56 million barrels) and…
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Cable broke above 1.34 handle in extension of recovery from new five-month low at 1.3305, boosted by upbeat UK retail sales (Apr sales rose 1.6% m/m, vs 0.8% f/c and downward revised March figure to 1.1%). Strong UK data and weaker dollar…
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The Aussie dollar holds in narrow range, consolidating after strong dip on Wednesday on renewed concerns about US tariffs.Strong downside rejection on Wednesday (20SMA contained spike to 0.7522) keeps alive hopes for fresh upside, as…
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Cable trades within narrow consolidation on Thursday, holding above Wednesday's new low at 1.3305 (the lowest since mid-Dec), awaiting release of UK retail sales for fresh signal. Pullback from 1.4376 peak could extend further as strong…
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The Euro moved higher on Thursday in modest recovery from new low at 1.1675 (the lowest since 14 Nov 2017) after bears tested strong support at 1.1675 (top of thick daily cloud). Overall structure remains bearish, with concerns about…
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