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

Gold price regained traction and bounced from session low at $1318 hit in late Asian trading, as dollar remains at the back foot after weak US CPI data.Fresh extension of Thursday's strong rally when the yellow metal was up nearly 1%,…
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WTI oil is holding within tight consolidation range under new 3 ½ year high at $71.86 on Friday, taking a breather after strong rally during the week. Oil price was boosted by US decision to pull out of nuclear deal with Iran which caused…
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The Aussie dollar holds firm tone in early Friday's trading and looking for further upside after strong rally on Thursday completed Doji reversal pattern and generated bullish signal on close above 10SMA. North-heading momentum adds to…
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The pair remains biased higher and looks for renewed attack at key barriers at 110.00 and 200SMA (110.15) after bulls were repeatedly rejected at psychological 110 barrier on Thursday and subsequent pullback contained by 10SMA (109.40)…
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Cable remains within choppy directionless mode which extends into sixth straight day on Friday, signaled by multiple long-legged Dojis. Initial negative signal was generated on eventual close below 200SMA on Wednesday after recovery…
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The Euro eased below 1.19 handle in early European trading on Friday after trading within tight consolidation in Asia. The dollar started to regain traction after being hit by soft US inflation data on Thursday, bringing the single…
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The Turkish lira strengthened further on Thursday, extending bounce from new record low at 4.3741 (posted on Wednesday) to session high at 4.2265, retracing over 38.2% of USDTRY's 4.0294/4.3741 upleg. Lira regained traction after Turkish…
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The pair eased after touching 110 barrier on weaker than expected US CPI but dips were so far contained by 10SMA (109.38).Holding above 10SMA keeps bulls intact for renewed attack at psychological 110 barrier and another key barrier at…
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The Euro extended recovery above 1.19 handle as dollar fell after US inflation miss on Thursday. US CPI rose 0.2% in April, undershooting forecast at 0.3% while core CPI also fell below expectations (2.1% in Apr vs 2.2% f/c) which could…
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Cable fell to 1.35 zone on bearish acceleration from session high at 1.3617, after Bank of England was in neutral hold in May's meeting. The central bank kept rates unchanged as expected and previous meeting vote came in line with…
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