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

The pair remains firmly in red on Friday and accelerated lower on fresh political uncertainty in the US which pressured the greenback. Fresh weakness dipped to 110.49, retracing the biggest part of 110.19/111.48 recovery leg and turning…
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Fresh bullish extension on Friday pressures new post-Brexit vote recovery high at 1.3942 (Wednesday's spike high). Cable maintains strong bullish sentiment and eyes psychological 1.4000 barrier for test, as weaker dollar underpins. Strong…
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The Euro remains firm on Friday and extends recovery from 1.2165 (Fibo support / Thursday's low) where corrective dip off 1.2323 peak found support. The single currency was boosted by fresh weakness of the dollar, pressured by fears about…
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Copper price rose on Thursday, boosted by strong Chinese IP data and better than expected Q4 GDP numbers. The metal bounced from strong support at $3.1758 (Fibo 38.2% of $2.9425/$3.3200 upleg) reinforced by rising 30SMA, where corrective…
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The USDTRY pair dipped after Turkish central bank left interest rates unchanged in its first meeting in 2018. The action was widely expected as Turkish President Erdogan opposes high interest rates to provide cheap credit to boost growth.…
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WTI oil ticked higher on Thursday, supported by stronger than expected draw in crude stocks (API report on Tuesday showed draw of 5.12 million barrels vs 3.6 million barrels draw forecasted) and threats of attack at oil infrastructure in…
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The pair remains in directionless mode on Thursday and forming the third straight Doji. Strong indecision signal was generated after Wednesday’s action ended in Doji candle with very long legs. Overall structure is bearish and keeps focus…
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The Aussie dollar regained traction and bounced from session low at 0.7941, regaining levels near cracked 0.8000 barrier, following Wednesday’s strong rejection at 0.8022 on first attempt above 0.8000 pivot. Better than expected Australian…
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Strong recovery rally on Wednesday left long bullish daily candle and formed bullish outside day, generating positive signal and sidelining immediate downside risk. Brief extension higher today, cracked important barrier at 111.41 (Fibo…
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Cable maintains firm tone on Thursday despite strong upside rejection after spike to 1.3942 high (the highest since Brexit vote) previous day. Choppy trading was caused by increased volatility on political uncertainty over Brexit divorce…
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