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

Overall outlook remains negative but bears pausing above strong Fibo support at 1.1936 (61.8% of 1.1553/1.2555 upleg). Narrow consolidation extends into third straight day, capped by 200SMA (1.2015) which maintains pressure. Signals from…
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The pair is consolidating around 109 handle in early Friday's trading after suffering strong losses previous day. Thursday's long bearish daily candle (the biggest one day loss since 22 Mar) weighs, as Doji reversal pattern was completed…
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The cross accelerated lower in US session on Thursday and broke below key supports at 130.68 (daily cloud base / Fibo 61.8% of 128.94/133.48 upleg). Extension of downleg from 133.48 (24 Apr peak), is generating strong bearish signal that…
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The pair extended weakness on Thursday and cracked 10SMA support at 109.15, but so far without break lower. Bearish signal is generating on formation of Doji reversal pattern on daily chart, which looks for daily close below 10SMA for…
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WTI oil price remains within two-week range and without clear direction, after repeated probes below range floor were contained by rising 20SMA, which marks initial support, currently at $67.08. On the other side, recovery attempts stay…
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Turkish lira spiked to new all-time high at 4.2284 on Thursday, following Turkey's CPI upside surprise. Inflation rose by 1.87% m/m in April, overshooting forecast for 1.6% rise, while annualized CPI rose to 10.85% the highest from…
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Recovery attempts pick up on Thursday and forming reversal pattern on daily chart, as Wednesday's trading ended in Doji candle and base forming at 0.7475. Slow stochastic and RSI reversed from oversold zone, while momentum turned higher…
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Cable fell back below 1.36 handle on downbeat UK services PMI data (Apr 52.8 vs 53.5 f/c), signaling that today's recovery attempts may be over. Steep descend from 1.4376 (16 Apr peak) found footstep at 1.3550 (Fibo 61.8% of 1.3038/1.4376…
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The pair holds in red in early Thursday's trading and eases to 109.55 (European session low), penetrating rising hourly cloud (spanned between 108.71 and 109.50). Reversal pattern is forming on daily chart after bulls stalled under 200SMA,…
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The Euro bounced from new multi-month low at 1.1938 on Thursday, but recovery attempts so far remain under key barriers at 1.2000/14 (psychological barrier / 200SMA). Steep fall off 1.2413 (17 Apr high) found footstep just above key Fibo…
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