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

WTI oil holds within narrow consolidation for the second day after falling sharply on Tuesday. Consolidation above correction low at $54.80 was so far capped by falling thick hourly cloud and shows no stronger signs of basing but remains…
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The pair is in recovery mode on Thursday after previous day’s fall to nearly one-month low at 112.47 and close below Fibo 23.6% support at 112.98 which was bearish signal. Bounce above 113.00 was so far limited by 30SMA (113.23) and holding…
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Cable is treading water in early Thursday after previous day’s action ended in Doji candle, showing indecision at key 1.3214 barrier (daily cloud base). Repeated rejections at cloud base and close below converged 20/30SMA’s (1.3170 zone)…
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The Aussie dollar showed little reaction on Australian jobs data which came mixed in October. Employment fell significantly, showing only 3.7K new jobs created in Oct, falling well below 17.5K forecast and upwards-revised Sep figure at…
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The Euro stands in red in early Thursday’s trading and extends lower after previous day’s strong upside rejection in the middle of daily cloud. Failure to sustain break in the cloud and subsequent quick pullback formed Shooting Star pattern…
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The cross eases below 0.9000 handle which was dented on today’s spike to 0.9013, showing strong hesitation at key 0.9026 barriers (daily cloud top / former highs of 10/20 Oct). The price is holding within thick daily cloud and maintaining…
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The pair holds firm tone after shallow correction from 3.90 was completed and fresh rally spiked at 3.9103 on Tuesday. Today’s action shows hesitation at 3.90 but the price remains well above rising 10SMA (3.8617) which tracks the advance…
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The greenback remains under strong pressure against its major counterparts and extends steep descend into fifth straight day. Bears broke below strong double-Fibonacci support at $93.50 zone, reinforced by 100SMA today, signaling further…
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DAX is in firm bearish mode and accelerated further down after opening with gap lower on Wednesday. Fresh strength of the Euro keeps the index under increased pressure as today’s weakness broke key short-term supports at 12906/12892 (25 Oct…
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Nikkei is sharply lower on Wednesday, extending pullback from new multi-year high at 23420 into fifth straight day. Bearish acceleration through strong support at 22035 (daily Kijun-sen) and psychological 22000 support pressures next…
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