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

USDJPY keeps slight bullish bias on Friday and attempting to generate initial reversal signal, after larger bears stalled on Thursday and left long-tailed Doji on bounce from new multi-week low, which also formed a bear-trap on daily chart…
Read More...

The dollar index edged higher in Friday morning but is still holding within a choppy range that extends into sixth straight day. Long tails of daily candle of past two days and repeated closes above north turning 10DMA, add to existing…
Read More...

The US economy's acceleration in the second quarter of 2024, coupled with easing inflation, presents a complex landscape for policymakers and financial markets. The GDP growth at an annualized rate of 2.8%, exceeding expectations, alongside…
Read More...

Steep fall extends into the ninth consecutive day and accelerated on Thursday (down 0.85% in Asian / European session), hitting the lowest levels since early May and being on track for the biggest weekly loss since mid-June 2023. Break…
Read More...

EURJPY extends steep fall into fifth straight day and hit 11-week low in early Thursday (down 1% in Asian session). Recent interventions by Japan’s authorities boosted yen across the board and fresh strength gained strong momentum,…
Read More...

USDJPY hit 8-week low on Wednesday, as bears accelerated on Wednesday (down 1.3% for the day so far). Bear-leg from 157.86 (July 19 lower top) broke through rising and thickening daily cloud (156.30/155.87), 100DMA (155.34) and 50%…
Read More...

EURUSD extended pullback from a multi-month high (1.0948) and cracked pivotal supports at 1.0840/33 (Fibo 38.2% of 1.0666/1.0948 / 20DMA) but struggling to make a clear break lower. Oversold conditions on daily chart provided headwinds,…
Read More...

Economic data released today showed that Eurozone business activity growth stalled in July as moderate expansion in the bloc's dominant services industry failed to offset a deeper downturn in manufacturing sector. Eurozone preliminary…
Read More...

AUDUSD remains in red for the eighth consecutive day and fell to the lowest in six weeks in early Wednesday. Aussie dollar remains under increased pressure from stronger US dollar, falling prices of commodities and concerns about China’s…
Read More...

EURJPY fell nearly 1% on Tuesday, as yen rose across the board on hawkish talks which may prompt BoJ for more rate hikes. The pair broke below psychological 170 support, hitting the lowest levels in five weeks and cracked Fibo 76.4%…
Read More...