Windsor News & Research Blog - Forex & CFD Market Analysis

The Euro is consolidating above new 17-week low (1.0905) on Tuesday, following steep and uninterrupted fall in past six days. Bears eye key supports at 1.0878/63 (1 Oct low / Fibo 76.4% of 1.0340/1.2555 ascend) after the last obstacle…
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Cable is holding within tight range in early Tuesday’s trading after recovery attempt on Monday lost traction and awaiting UK data for fresh signals. Rising 100DMA (1.2893) continues to hold, but upside was so far limited by broken Fibo…
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WTI oil price extends weakness on Monday and is on track to fully retrace mild $49.41/$52.28 correction, which was capped by falling 10DMA. The sentiment remains weak on reduced demand from China, due to coronavirus outbreak and worries…
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The pair regained traction on Monday and edged higher after dips were repeatedly contained by 20DMA (109.53). Friday’s action closed in red but downside attempts were strongly rejected, leaving long-tailed daily candle and suggesting…
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Cable bounces from new lowest level since 27 Nov (1.2871) in early European trading after rising 100DMA (1.2888) contained Friday’s fall and today’s brief probe below was short-lived. Outlook remains negative as strong dollar and…
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The Australian dollar rose in early Monday after hitting new multi-month low at 0.6662 last Friday. China is back to business after extended Lunar New Year holidays and slight optimism about coronavirus epidemic could be slowing, lifted…
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The Euro retested session low at 1.0948 after US jobs data before bouncing some 25 pips but remained in choppy mode and lacking near-term direction as markets are digesting the figures. US non-farm payrolls beat forecast (Jan 225K  vs…
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Strong four-day rally is taking a breather on Friday ahead of US jobs report, which is expected to provide fresh signal. The dollar remains well supported and strong labor data today would add to bullish bias for eventual break through…
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Bears are on hold above key Fibo support in European trading on Friday, as quiet and narrow range movement await release of US jobs report. Cable registered significant losses this week, pressured by rising dollar and uncertainty over…
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The Euro extends steep fall into fifth straight day and hits new lowest level since early Oct on Friday, on track for the biggest weekly fall since early November. Downbeat German industrial production data added to weak tone of the…
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