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

Copper hit one-month low at $3.0540 on Friday, in extension of strong fall in past two days which accelerated on Thursday as the greenback rallied across the board. Traders are estimating possible impact on US tariffs on metal imports,…
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Cable showed no reaction on release of batch of weaker than expected UK data on Friday, remaining within previously established narrow consolidation range between 1.3878 and 1.3830, awaiting US jobs report. Near-term structure remains weak…
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WTI oil ticked higher on Friday, taking a breather after strong three-day fall from $63.26 lower top resulted in brief probe below psychological $60 support on Thursday. Improved market sentiment on news of US - NK talks lifted oil price…
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Spot Gold remains in red for the third straight day and extended bear-leg from $1340 high, to crack pivotal support at $1317 (Fibo 61.8% of $1302/$1340 rally). News about meeting between leaders of the US and North Korea eased geopolitical…
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The Australian dollar moved higher on Friday after falling the previous day but remains without clear direction as near-term action continues to move in range between 100SMA (0.7771) and 20SMA (0.7834). Multiple attempts to break out of…
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The pair bounced higher in Asia, breaking above three-day congestion and hitting one-week high at 106.94, on easing fears over North Korea. No significant reaction was seen on BOJ rate decision and remarks from BoJ chief Kuroda, who…
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Cable is consolidating on Friday following strong fall on Thursday, which reversed the biggest part of four-day 1.3711/1.3929 rally and turned near-term bias to bearish mode. Fresh bears are pressuring key near-term support at 1.3765…
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The Euro is trading within narrow consolidation on Friday after suffering heavy losses on 0.8% fall on Thursday, which marks the biggest one-day loss since 07 Feb. The single currency came under strong pressure from remarks of ECB…
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WTI oil remains in red on Thursday as negative sentiment increased after downbeat supply data on Wednesday, which added to existing pressure on concerns over possible trade war. Fresh downside attempts on Thursday were so far contained by…
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The Australian dollar fell back to 0.78 zone in early European session and erased overnight gains on upbeat Australian trade balance data. Trade surplus widened to A$1.05 billion in January, overshooting forecast for A$200 million surplus…
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