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

The pair advances for the third straight day and probes again through Fibo barrier at 107.55 (50% retracement of 110.48/104.63), which capped upside attempts since late Feb. Today's extension of bull-leg from 106.86 trough approached key…
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The Euro stands at the back foot on Friday, holding within daily cloud and probing through strong supports at 1.2330 zone (converged 20/30SMA's).Multiple upside rejections which left several daily candles with long upper shadows signaled…
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Cable hit new two-week low at 1.4044 on Friday, in extension strong fall from Thursday, when pound was hit by comments from BoE Governor Carney. The pair remains firmly in red for the fourth consecutive day and puts broader bulls under…
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Cable bounced from session low at 1.4160 (one-week low) and regained levels at 1.4140 zone, as M&A news offset negative impact from weak retail sales data, released earlier today. Series of weaker than expected key UK data in last…
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WTI oil price hit new over three-year high at $69.25 on Thursday, in extension of previous day's strong rally. Strong bullish sentiment returned to play after brief $67.74/$65.55 correction, as weekly crude stocks fell more than expected…
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The Aussie dollar maintains positive tone on Thursday and retested strong barrier at 0.7815 (200SMA) but was so far unable to break higher. The second rejection confirms that 200SMA is strong resistance and the pair may struggle further in…
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The pair holds in green for the second day and retested initial barrier at 107.50 (05 Apr former high). Today's action is supported by 10SMA (107.10) and underpinned by daily cloud base (106.89) which maintains bullish bias. Bulls eye…
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The Euro moved higher and retested 1.24 barrier on Thursday, after strong indecision in past two days, signaled by double long-legged Doji. Overall bullish bias remains intact after strong upside rejection above 1.24, as subsequent easing…
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Cable traded within narrow consolidation range in Asia on Thursday, following strong fall in past two days and awaiting the third key release this week, UK retail sales. Pound was hit by weak data in past two days, as downbeat UK wages and…
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The loonie was slightly weaker against US dollar after a batch of data from US and Canada but stays near the highest level in two months. The USDCAD pair posted new marginally lower low at 1.2541 on Tuesday (the lowest since Feb 19) and…
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