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

The pair showed limited reaction on upbeat US inflation data today, as the dollar jumped to 107.53 but quickly fell back, erasing all post-data gains. Unlike from other major currency pairs where the greenback advanced strongly, USDJPY's…
Read More...

Spot Gold extended recovery leg and hit one-week high at $1336 on Wednesday, maintaining positive near-term tone on weaker dollar. Tuesday's close above falling 10SMA and today's probe above sideways-moving 20SMA ($1334) were positive…
Read More...

Near-term outlook remains negative and sees risk of retesting low at $58.06 (09 Feb) after recovery attempts showed strong rejection at $60.81 on Monday (capped by 55SMA) and Tuesday's action closed in red. Negative tone was boosted by…
Read More...

The Australian dollar ticked higher on broadly weaker dollar on Wednesday and probed above falling 10SMA (0.7873) but gains were short-lived so far. Tuesday's Doji candle which came after two days of strong rally was signal that recovery…
Read More...

Cable is holding within narrow consolidation under previous day's high at 1.3924 which capped fresh attempts higher today. Stronger than expected UK inflation data on Tuesday boosted pound but gains were so far limited. Mixed signals from…
Read More...

The Euro remains firm and extends recovery rally near 1.2400 barrier (Fibo 61.8% of 1.2522/1.2205 bear-leg) on Wednesday, following Tuesday's close above 20SMA which was fresh bullish signal. Bounce from 1.2205 correction low (09 Feb)…
Read More...

The pair posted new 15-month low at 106.83 in Asian session on Wednesday, on eventual break through key med-term support at 107.31 (08 Sep low). Fresh strength of yen was driven by overnight's fall of Nikkei for over 1% as well as growing…
Read More...

The cross holds in red on Tuesday and attempts towards Friday's spike low and strong downside rejection at 148.91, after Monday's long-legged Doji candle signaled a breather in steep fall from 156.60 (02 Feb peak). Sterling remains mixed…
Read More...

Copper surged on Tuesday, extending recovery rally from $3.0250 low for the second day, driven by weaker dollar and traders covering short position ahead of Chinese New Year holiday. Fresh bullish acceleration took out two Fibo barriers at…
Read More...

Cable rose to new session high at 1.3924 after data showed UK inflation unexpectedly rose in January (3.0% vs 2.9% f/c) remaining close to six-year high at 3.1%. Near-term sentiment improves further as strong inflation numbers support…
Read More...