Windsor News & Research Blog - Forex & CFD Market Analysis

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,…
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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…
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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…
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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%…
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Gold price edges higher in European trading on Monday, after Monday’s Doji candle signaled that pullback from new record high ($2483) might be running out of steam. Pullback was contained by solid supports at $2390 zone (daily Kijun-sen…
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USDJPY fell 0.7% in Asia on Tuesday after comments from Japanese official added pressure on the central bank for more rate hikes to further boost strengthening yen. The latest comments further improved yen’s sentiment, though most…
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BTCUSD is ranging around Fibo level at 67495 (76.4% of 71929/53142) on Monday, suggesting that strong bullish acceleration in past three days, which hit five-week high, might be losing traction. Stretched daily indicators, with bearish…
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AUDUSD hit three-week low on Monday after recovery attempts overnight were short-lived and bears regained full control. The pair remains in a steep downtrend for the sixth straight day and retraced so far 61.8% of 0.6575/0.6798 rally.…
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EURUSD edges higher in European trading on Monday as bears are taking a breather after a two-day pullback from a multi-week high (1.0948). Rising 10DMA and Fibo 23.6% of 1.0666/1.0948 (1.0881) contained dips for now, signaling a scenario…
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WTI oil price is holding within a narrow consolidation in early Monday, following sharp acceleration lower on Friday (down 2.8% for the day) and weekly loss of 4.3% (the biggest weekly drop since the last week of April. Oil closed below…
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