Windsor News & Research Blog - Forex & CFD Market Analysis

Cable extended lower in early European trading on Wednesday but remains within the range of past two days which left two Doji candles, signaling indecision. Weekly cloud continues to cap near-term action, but bears struggle to regain…
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The Euro remains in red and penetrated daily cloud again on Wednesday, after previous day’s action showed strong downside rejection and close above cloud top (also close above initial Fibo 23.6% of 1.0635/1.1147 support) of, leaving…
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WTI OIL WTI future contract is consolidating above cracked $20 level after hitting new 18-year low on Monday. Larger bears are pausing ahead of strong psychological support with limited recovery being so far capped by falling 5DMA…
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GBPUSD Cable extended pullback on Tuesday after last week’s strong rally repeatedly capped by weekly cloud base, but weakness was tempered by better than expected data. UK Q4 current account deficit narrowed from the previous…
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The Euro fell on Tuesday, extending the weakness of the previous day, pressured by increased demand for the US dollar at the end of month / quarter. Monday’s bearish inside day was initial negative signal which materialized on today’s…
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The dollar index edged higher on Monday as bears pause after nearly 5% fall last week (the biggest weekly loss since 2009) on rising uncertainty over prolonged global lockdown on coronavirus pandemic. Fresh upside action could be seen as…
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WTI future contract opened with gap-lower on Monday and cracked psychological $20 support to hit new 18-year low at $19.90. Mounting fears that global shutdown on coronavirus could last months and further slash demand for oil. Low oil…
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Brief recovery in Asia after Thu/Fri strong fall was capped by broken 200DMA (108.30) and fresh weakness probes below key supports at 107.69 (Fibo 38.2% of 101.18/111.71 upleg) and 107.44 (weekly cloud base. Strong loss of momentum on…
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Cable edges lower on Monday following last week’s massive rally (6.6%) as bulls face headwinds from weekly cloud despite penetration and weekly close within the cloud. Overbought stochastic adds to consolidation signals but the action…
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AUDUSD The Australian dollar holds in red in early Monday’s trading, with minor reaction on government’s A$130 billion job-saving package. The action remains capped by falling 20 DMA (6200) with overbought daily stochastic suggesting…
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