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

The Australian dollar holds firm tone on Wednesday, supported by upbeat Chinese IP data (Feb IP 7.2% vs 6.3% f/c and Jan 6.2%). Fresh strength probes again above cracked Fibo 61.8% of 0.7988/0.7712 descend (0.7882) and pressures 55SMA…
Read More...

The pair holds in narrow consolidation above key n/t support at 106.27 (10SMA) which contained attacks in past few sessions, but n/t bias remains at the downside following strong upside rejection on Tuesday. Repeated attempts higher…
Read More...

Cable maintains positive tone after Tuesday's rally and close above 1.3930 pivot (bear-trendline / Fibo 61.8% of 1.4067/1.3711) but bulls were so far capped just under psychological 1.40 barrier, where daily cloud top marks strong barrier.…
Read More...

The Euro is consolidating under 1.24 handle in early Wednesday's trading, maintaining positive tone as dollar stands at the back foot on unexpected dismissal of US Secretary of State Tillerson. Strong bounce from daily cloud top on Tuesday…
Read More...

Cable surged through trendline resistance (1.3930) after data showed US inflation slowed in February. CPI rose 0.2% previous month, matching the forecast but falling well below previous month's 0.5% rise, signaling that expected pickup in…
Read More...

Copper holds in direction mode on Tuesday, with price action shaped in long-legged Doji and capped by thick daily cloud after Monday's fall broke and closed below cloud base. Daily cloud continues to weigh, along with negative daily…
Read More...

WTI oil maintains negative tone on Tuesday, pressured by news of another increase in US oil production. Today's action was so far contained by the base of thick daily cloud at $61.20 and is shaped in tight Doji candle. Cloud base acts as…
Read More...

Spot Gold holds in red in European session on Tuesday after extension of previous day's recovery stalled at $1325 in early Asian trading.Fresh weakness pressures cracked support at $1317 (Fibo 61.8% of $1302/$1340 rally), firm break of…
Read More...

The Australian dollar holds in narrow consolidation under new two-week recovery high at 0.7884, posted after rally of past two days. The action was capped by 55SMA / Fibo 61.8% of 0.7988/0.7712 descend, with signals that bulls may take a…
Read More...

The pair is up on Tuesday, lifted by higher Nikkei and pressuring again 107 resistance zone, which capped upside attempts in past two days. Sustained break above 107 (top of congestion that extends into third day) would generate fresh…
Read More...