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

WTI oil moved higher and holds in $61 zone on Thursday after dipping to $60.11 low on downbeat US crude stocks data on Wednesday. EIA report showed much stronger than expected build in crude inventories last week (5.02 million barrels vs…
Read More...

The Australian dollar moved lower on Thursday after repeated failure on attack at key barriers at 0.7882/90 (Fibo 61.8% of 0.7988/0.7712 / 55SMA). Near-term action so far holds above daily Kijun-sen support (0.7850) which limits downside…
Read More...

The pair holds in red in early Thursday's trading, maintaining negative tone for the second straight day after strong upside rejection at 107.29 on Tuesday. Fresh weakness probes below 106 handle (Fibo 61.8% of 105.24/107.29 recovery leg)…
Read More...

Cable stands at the front foot on Thursday and pressures daily cloud top, after attempts in past two days failed here and Wednesday's action ended in Doji candle, signaling indecision Bulls may show signs of stall on repeated failure to…
Read More...

The Euro remains in sideways mode and within tight range at the beginning of European session, following quiet trading in Asia. Wednesday's close in red after repeated failure to clear 1.24 barrier weighs, but dips so far hold above…
Read More...

The Turkish lira stays under strong pressure against dollar, falling for the third consecutive day. Increasing worries about Turkish economy as current account deficit widened strongly in recent months, double-digit inflation and conflict…
Read More...

The pair hit new daily low at 106.31 after US retail sales fell below expectations in February (-0.1% vs 0.3% f/c) falling for a third straight month. The negative picture was slightly improved by upward revision of Jan figure (-0.1% from…
Read More...

Copper was strongly higher on Wednesday, driven by strong Chinese industrial production data which boosted the sentiment. Fresh bullish acceleration above previous high at $3.1765 (06 Mar) hit new two-week high at $3.1815 and pressuring…
Read More...

Spot Gold ticked higher on Wednesday as dollar came under pressure after sudden dismissal of US Secretary of State, but limited upside action was seen so far as traders remain cautious in light of new political situation as well as rising…
Read More...

WTI oil trades higher on Wednesday and regains $61 handle, but recovery attempts so far hold below the base of thick daily cloud which marks solid resistance at $61.23. Oil price bounced from new low at $60.26, posted after strong two-day…
Read More...