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

WTI oil stands at the back foot on Wednesday and breaks below 10SMA ($67.64) which contained downside attempts in past two days. Fresh weakness emerged after repeated rejections under $70 target ($69.54 and $36) as oil price lost support…
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Turkish lira spiked to session high at 4.0304 (the highest since 20Apr) against US dollar after CBRT rate announcement today, but gains were so far short-lived, as the pair subsequently bounced above 4.10 barrier. Turkish central bank…
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The Aussie extended weakness on Wednesday and hit new 4 ½ month low at 0.7562, offsetting initial reversal signal on Tuesday's Doji candle. Bears so far ignore oversold conditions on daily chart and keep the pair under pressure, as…
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Cable holds within narrow congestion between the top of thin daily cloud (1.3931) and psychological 1.40 barrier (also55SMA) on Wednesday. Steep six-day fall from 1.4376 peak found footstep at cloud top and entered consolidation, also…
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The Euro holds firmly in red in early European trading on Wednesday after recovery attempts in Asia were repeatedly capped by daily cloud base. Hopes of forming a base above key Fibo support at 1.2172 after Tuesday's action was rejected at…
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The pair probes again above 100SMA (108.95) in early Wednesday's trading after previous day's attempts through 109 handle stalled at 109.20 and session closed below 100SMA pivot. The dollar remains well supported as US bond yields continue…
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The pair holds within 50-pips consolidation on Tuesday after strong four-day rally was capped by daily cloud top (1.2862) on Monday and today's action failed to extend further as cloud is widening and top lies at 1.2875. Recovery rally…
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The pair cracked 109 barrier on fresh extension higher at the beginning of US session on Tuesday, but so far without clear break through round-figure barrier, reinforced by descending 100SMA. Strong bullish sentiment remains in play for…
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The Euro hit new session low at 1.2181 after weak German data added to negative outlook. IFO index fell below expectations in Apr )102.1 vs 102.8 f/c), continuing to deteriorate from January's peak at 117.6 and signaling that German…
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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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