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

Gold keeps firm tone and holding near new all-time high on Friday, awaiting release of US PCE data (due later today) for fresh signals. The metal remains well supported by strong demand (as safe haven as well as large purchases by…
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The dollar index extends recovery into second straight day, lifted by short covering ahead of key supports at 100.29/21 zone (Dec 2023 low / 200WMA). Oversold daily studies contributed to fresh rise, as stochastic and RSI emerged from…
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Oil price declines for the second straight day after recent three-day strong recovery rally was repeatedly rejected just under 200DMA ($77.80). Subsequent weakness generated reversal signal following a break below pivotal support at…
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EURUSD edges lower on Wednesday after repeated failure to break 1.1200 barrier, but near-term action can be described as consolidation, as long as the price stays above first pivots at 1.1124/14 (trendline support / rising 10DMA) and 1.1100…
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AUDUSD hit new 8-month high in Asian session on Wednesday, lifted by higher than expected Australian July CPI, but was so far unable to hold gains above 0.6800 mark. Although subsequent dip was shallow, it sends initial warning that…
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The Conference Board's consumer confidence index showed an increase in consumer confidence for August, rising to 103.3 from 101.9 in July, surpassing forecasts. However, there are growing concerns about the labor market. Despite the…
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EURGBP cracked Fibo support at 0.8439 (76.4% of 0.8382/0.8624 rally) and pressuring strong support at 0.8424 (base of thick daily cloud) in extension of five-day steep bear-leg off 0.8544 (Aug 21 lower top). Technical picture on daily…
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Gold edges lower on Tuesday morning after rally in past two days reaching levels ticks away from new record high ($2531). Traders show hesitation, keeping the price in extended consolidation, but demand for yellow metal remains strong,…
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Recovery from $71.46 (Aug 21 low) extends into third straight day and accelerates on Monday on news that oil production in Libya was almost completely stopped, due to political tensions in the country. This adds to growing fears over…
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USDJPY dips to three week low on Monday and hit Fibo 76.4% retracement of 141.68/149.40 corrective upleg, adding to signals that correction of larger downtrend is close to its end. Strong drop last week (2.1%) completed a bearish…
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