Windsor News & Research Blog - Forex & CFD Market Analysis

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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The Turkish lira extends steep fall against dollar which has strongly accelerated in past three month. The currency holds in red for the sixth straight day and eyes psychological 7.00 level. Bears are likely to clear this barrier easily…
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The Euro holds in red for the third consecutive day and probes again below cracked strong Fibo support at 1.0831 (61.8% of 1.0635/1.1147) after Thursday’s attack failed to clearly break lower. Stronger dollar weighs on the single currency,…
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WTI oil price eventually broke below critical $20 support zone and dipped to new lowest since Oct 2001 at $18.02 in European trading on Friday. Weak China’s GDP data, released overnight, signaled that the economy of the world’s second…
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Spot gold eased after dismal US jobless claims lifted dollar, showing further hesitation after strong rally in past few days hit the highest in nearly eighteen years and Wednesday’s trading ended in red. It seems that bulls are pausing on…
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US weekly jobless claims 5.24 million last week, above 5.1 million forecast and remaining near record high posted in past two weeks.
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Cable remains in red on Thursday following repeated upside rejection and formation of bearish engulfing on Wednesday that generated initial reversal signal after larger recovery was capped by 200DMA. Daily chart momentum is about to…
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