Windsor News & Research Blog - Forex & CFD Market Analysis

Cable remains at the back foot on stronger dollar and extended weakness to the lowest since 9 Apr to pressure rising 20DMA (1.2382) in early European trading on Monday. UK jobs data showed that employment growth slowed in March, average…
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The Euro edges lower in early Tuesday’s trading and probes again through cracked Fibo support at 1.0831 (61.8% of 1.0635/1.1147 upleg) after Monday’s action was repeatedly capped by 10DMA / broken bull-trendline drawn off 1.0635 low.…
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WTI oil for May delivery fell into negative territory for the first time in history in late US trading on Monday. Since WTI contract began trading on the NYMEX exchange in April 1983, the lowest it had ever gotten to before this was $9.75…
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Cable edged lower on Monday, pressured by rising coronavirus death toll and no signs of any easing of the lockdown. The pair is currently holding at the lower side of congestion that extends into third day and probes below rising 10DMA…
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The pair is trading within a range that extends into third straight day and moving around broken Fibo level at 107.69 (38.2% of 101.18/111.71). Directionless near-term mode is supported by flat daily momentum and RSI, but a cluster of…
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EURUSD The Euro holds in directionless, 25-pips range on Monday, with attempts to extend last Friday’s recovery remaining capped by 1.0891/99  (broken Fibo 50% of 1.0637/1.1147 ascend, reinforced by converged 5/10DMA’s and broken…
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Spot gold edged lower on Monday despite fading risk sentiment and hit one-week low but so far unable to clearly break pivotal double-Fibo support at $1678 (23.6% $1455/$1747 and 38.2% of $1567/$1747). Overall picture remains bullish with…
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WTI oil future contract for May accelerated lower in early Monday’s trading and hit the lowest since 1999 on over 16% fall during Asian / early European trading. The sentiment remains very weak and traders continue panic selling…
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Spot gold extended pullback from new multi-year high ($1747) on Friday to initial support at $1683, marked by rising 10DMA. Fresh bears were so far held here and the price edged higher on weaker dollar, but outlook remains negative and…
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Cable fell to new one-week low at 1.2406 on Friday after attempts above 1.25 barrier stalled at 1.2522. Firmer dollar which extends positive tone into third consecutive day, keep sterling at the back foot, after the UK government…
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