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

WTI oil extends strong rally into third straight day on Thursday and hit new 3 ½ year high at $71.86. Oil prices accelerated sharply higher this week after President Trump announced US withdrawal from nuclear agreement with Iran,…
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The Aussie dollar extends bounce from 11-month low at 0.7412 on Thursday, following strong downside rejection previous day, which left long-tailed Doji candle. Fresh recovery hit session high at 0.7486 so far and generates initial bullish…
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The holds firm tone on Thursday and hits 110 barrier again, in extension of strong rally previous day. Full bullish setup of daily techs supports positive sentiment for eventual break above key barriers at 110.00/16 (psychological…
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Bears are taking a breather in early Thursday's trading and holding within narrow consolidation above new 4 ½ month low at 1.1822, posted on Wednesday. Overall structure remains bearish and favors further weakness for test of initial…
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Cable ticked higher in early European trading on Thursday but remains within four-day range and holds above key support - 200SMA, despite several spikes lower. Double long-legged Doji in past two days signals strong indecision, which…
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The USDCAD pair eased on Wednesday as the greenback eased from fresh highs posted after US decision on Iran while loonie was boosted by fresh rise in oil prices.Tuesday's rally which marked eventual break above two-week 1.2800/1.2915 range…
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The Turkish lira hit new record low at 4.3741 against US dollar on Wednesday, in fresh extension after decision of US President Trump to pull the US from international nuclear deal with Iran boosted dollar. Gains proved to be short lived…
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Gold price was sharply lower on Wednesday, as dollar rose on US decision to exit international nuclear deal with Iran. The yellow metal spiked to one week low at $1304 and cracked key support provided by rising 200SMA which contained…
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WTI oil cracked $71 barrier on Wednesday, hitting new 3 ½ year highs, on strong bullish acceleration following decision of the US to pull out from international nuclear deal with Iran. Market reaction on such scenario was expected as new…
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The Aussie dollar extends bear leg from 0.7560 lower top to new 11-month low at 0.7412 on Wednesday. Stronger dollar on uncertainty over Iran and higher oil prices keep Aussie firmly in red, along with bearish daily techs. Bears approach…
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