Windsor News & Research Blog - Forex & CFD Market Analysis

The Australian dollar dipped below 200DMA support (0.6890) on Wednesday, after details of US/China trade deal which is going to be signed later today were digested. Concerns that the deal could hurt Australian economy, increased pressure…
Read More...

The pair eases on Wednesday after previous day’s action ended in Doji candle with long upper shadow and generated an initial signal that steep uptrend from 107.65 (8 Jan spike low) is losing traction and corrective pullback or reversal…
Read More...

Attempts to extend recovery after strong downside rejection last Friday remain limited by a cluster of key barriers at 1.1140 zone (200DMA / double Fibo barrier / converged daily Tenkan-sen/Kijun-sen). Long shadow on Friday’s daily…
Read More...

Cable dipped after UK data showed inflation unexpectedly fell to three-year low in December (Dec y/y 1.3% vs 1.5% prev / f/c). Weak inflation increases pressure on BoE to cut interest rates, which could occur as soon as the end of this…
Read More...

US consumer prices rose moderately in December and inflation pressure eased that would allow the Fed to remain on hold with interest rates in coming months. The monthly inflation rose 0.2% in December vs previous month’s 0.3% increase and…
Read More...

WTI oil price edged higher on Tuesday after steep fall in past six days found footstep at 200DMA ($57.75). Oil price came under pressure on signs of de-escalation of US/Iran conflict as unexpected rise of US crude stocks last…
Read More...

Spot gold remains firmly in red as eased geopolitical and trade tensions revived demand for riskier assets. The metal’s price eventually made clear break below pivotal Fibo support at $1547 (38.2% of $1445/$1611) after being congested here…
Read More...

The pair broke above psychological 110 barrier and spiked to new nearly eight-month high at 110.21 on Tuesday, in extension of strong advance in past few sessions. Rising risk appetite on expectations of US/China phase 1 trade deal…
Read More...

Cable remains in red in early Tuesday’s trading and extends weakness after strong fall on Monday, as downbeat GDP data showed UK economy grew at slowest pace in seven years in November that increased chances of rate cut in coming months.…
Read More...

The loonie rallied against its US counterpart on disappointing US NFP (Dec 145K vs 164K f/c) and AHE (Dec m/m0.1% vs 0.3% f/c), also being boosted by upbeat Canada’s jobs data (Employment change Dec 35.2K vs 25K f/c; unemployment Dec 5.6% …
Read More...