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

The Euro holds bearish near-term bias and penetrates daily cloud after upbeat US GDP boosted dollar. Extension through cloud top (1.2370) retraces 61.8% of 1.2241/1.2476 upleg and cracked converged 10/20/30SMA's at 1.2340. Close in the…
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The pair surged above 106 barrier and cracked pivotal barrier at 106.30 (falling 30SMA), as dollar rallied across the board on better than expected US GDP data. US Gross Domestic Product rose by 2.9% in the last quarter of 2017, beating…
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The USDTRY moved higher after shallow correction from new all-time high was contained by rising daily Tenkan-sen at 3.9550 zone.Fresh acceleration higher probes above psychological 4.00 barrier and looks for retest of last week's record…
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Copper holds in directionless mode for the third straight day after Monday's downside attempts were strongly rejected at $2.9370 (the lowest since late Sep 2017), but subsequent recovery actions were limited, resulting in double long-legged…
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Spot Gold remains at the back foot on Wednesday and extended pullback from six-week high at $1356, pressuring strong supports at $1337/36 zone (top of thick daily cloud / Fibo 38.2% of $1307/$1356 rally). Tuesday's close in red which…
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WTI oil holds in red for the third straight day end extends lower on Wednesday, after accelerating below $65 in late Tuesday on surprise build of US crude inventories. API report, released late Tuesday, showed unexpected build of crude…
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The Aussie dollar holds firmly in red on Wednesday and extends lower after strong fall on Tuesday, to hit new lows of over three months.News that China prepares a list of tariffs for US goods, increased pressure on Aussie.Today's fresh…
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Recovery action from 104.63 low shows signs of stall after Tuesday's extension higher was strongly rejected at key double-Fibonacci barrier at 105.87 (Fibo 61.8% of 106.64/104.63 / Fibo 38.2% of 107.90/104.63 descend) and capped by falling…
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Cable holds in red in early Wednesday's trading and capped by the upper boundary of bull-channel.Double rejection at 1.4244 on Mon/Tue and Tuesday's bearish close signal double-top formation which could trigger further easing, as…
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The Euro stands at the back foot on Wednesday and hit session low at 1.2383, just above key support - top of thick daily cloud. Weaker than expected EU data on Tuesday and fresh strength of the greenback on easing fears about trade war,…
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