Windsor News & Research Blog - Forex & CFD Market Analysis

The Euro maintains negative tone on Wednesday and looks for retest of key Fibo support at 1.1031 (61.8% of 1.0992/1.1095 upleg) where bears repeatedly stalled in past two days. Little positive impact was seen from better than expected…
Read More...

The Euro remains in red on Tuesday and probes again through cracked supports at 1.1056/50 (Fibo 38.2% / daily Tenkan-sen) after bears dipped to 1.1034 on Monday but subsequent bounce resulted in bearish daily candle with long tail.…
Read More...

Cable extends weakness on Tuesday, following 1.38% fall on Monday (the biggest one-day fall since 17 Dec) as initial enthusiasm about officially leaving the EU faded and renewed fears about hard Brexit that sparked strong sell-off. Fresh…
Read More...

The dollar regained traction and advanced strongly against the basket of major currencies on Monday, to fully retrace last Friday’s 0.52% fall (the biggest one-day fall in nearly six weeks). Friday’s drop has ran out of steam on…
Read More...

WTI oil remains in red and extends to new six-month low ($50.66) on Monday, increasing pressure on psychological $50 level. The sentiment remains extremely weak on persisting concerns about strong negative impact on global oil demand on…
Read More...

The Dow Jones bounces on Monday (up 0.77% from opening), recovering some ground after last Friday’s heavy losses (2.05% down for the day, the biggest one day fall in six months). Fears of coronavirus spreading and rising death toll keep…
Read More...

The Euro accelerates lower on Monday after strong recovery last Thu/Fri (Friday’s advance was the biggest one-day rally in 2020), was limited by rising daily cloud. Initial positive signal on Friday’s close above 1.1086/90 (Fibo 38.2% of…
Read More...

Cable opened with gap-lower and extended pullback on Monday, signaling that Friday’s probe above daily cloud top after impressive rally (0.83%), was a false break. Initial optimism after the Britain officially exited the EU, started to…
Read More...

The pair extends advance from 5.8382 (16 Jan trough) and pressures important barrier at 5.9875 (2020 high, posted on 8 Jan) on Thursday. Completion of corrective phase (5.6875/5.8382) is expected to spark fresh extension of larger uptrend…
Read More...

Cable jumped to 1.31 zone after BoE announcement, as the MPC voted 7-2 to keep interest rates unchanged at 0.75% on today’s policy meeting. The central bank supported its today’s decision by pointing at post-election growth in the UK…
Read More...