Windsor News & Research Blog - Forex & CFD Market Analysis

The Euro is keeping slight bullish bias in early Monday and probing above broken Fibo support at 1.0879 (61.8% of 1.0635/1.1275 rally), as oversold stochastic on daily chart points to some price adjustment before larger bears regain…
Read More...

The dollar index hit new near two-month high on Friday, after price action slightly reduced speed on Thursday. Break of Fibo resistance at 103.32 (76.4% of 104.59/99.20) marks fresh bullish signal, which looks for confirmation on weekly…
Read More...

The pair is holding in red for the second consecutive day, as larger bulls were hurt by fresh risk aversion, with overbought daily studies prompting traders to start collecting profits. Bulls probed through Fibo resistance at 146.10…
Read More...

GBPUSD dips on Friday morning following much bigger than expected drop in UK retail sales, which fell by 3.2% in July after 1.6% drop in June and strongly beating forecast for 2.2% fall. Traders sold pound after downbeat data further…
Read More...

Australian dollar spiked to the lowest since early November on Wednesday, hit by downbeat Australia’s labor data (employment fell by 14.6K in July after 31.6K increase in June and well below forecast for 15K increase, while unemployment…
Read More...

Gold price edged higher in European trading on Thursday, after hitting five-month low ($1889) in Asia. Wednesday’s close below key supports at $1900 zone (200DMA - $1905; Fibo 38.2% of $1614/$2080 - 1902; psychological - $1900 and former…
Read More...

The Euro hit new 5 ½ week low in Asia on Thursday and generated fresh bearish signal on Wednesday’s close below important Fibo support at 1.0879 (61.8% of 1.0635/1.1275) and probe below rising daily cloud (spanned between 1.0887 and…
Read More...

WTI oil remains at the back foot and keep pressuring pivotal supports at $80.90/66 (20DMA / Fibo 23.6% of $67.02/$84.87) where pullback from new 2023 high ($84.87 of Aug 10) faced increased headwinds. Oil prices came under increased…
Read More...

Wednesday’s Asian / European action was so far shaped in a long-legged Doji candle, signaling indecision, as oversold conditions on daily chart suggest some profit-taking after the pair was in a steep fall in past four weeks (down around…
Read More...

Cable accelerated higher on Wednesday morning after UK inflation data showed that price pressures continue to ease, bur core inflation remains elevated and close to its record high, warning that the Bank of England would need to further…
Read More...