Windsor News & Research Blog - Forex & CFD Market Analysis

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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,…
Read More...

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…
Read More...

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…
Read More...

Cable eases from new highest levels since March 2022 on Monday, suggesting that bulls may take breather after 3.6% advance in past two weeks and strong bullish acceleration last Friday (almost 1% daily gain). Strongly overbought daily…
Read More...

EURUSD cracked 1.1200 barrier after Friday’s 0.75% rally (the biggest daily gain since Aug 2) and hit new 2024 high early Monday. Bulls remain firmly in play after strong advance in past two weeks and on track for the biggest monthly…
Read More...