Windsor News & Research Blog - Forex & CFD Market Analysis

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…
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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…
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WTI oil extends weakness on Thursday after being hit by unexpected build in US crude stocks on Wednesday that adds to negative impact from China virus spreading fears. The contract holds in red for the second day and is on track to fully…
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The pair extended weakness near daily cloud base (108.78) on Thursday, following strong upside rejection under key Fibo barrier at 109.32 (38.2% of 110.29/108.73) and bearish close within daily cloud on Wednesday. Rising fears of China…
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The Australian dollar holds firmly in red and extended weakness to new low at 0.6722 on Thursday (the lowest since 10Oct). China virus fears continue to weigh heavily on Aussie, which fell 1.2% this week and is on track for monthly fall of…
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Cable moved lower in early European session and probed again below 1.30 support after holding within narrow range in Asia. BoE policy meeting is key event today, with percentage for remaining unchanged being slightly higher from…
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Recovery from new over three-month low at $52.14 (sparked by unexpected fall in crude stocks (API report) and Yemen’s Houthi rebels taking responsibility for attack on Saudi oil installations) stalled on Wednesday and oil price fell on…
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The pair holds in green and above daily cloud top after strong advance on Tuesday which in break and close above cloud, generating initial signal of daily Doji reversal pattern. Today’s action is entrenched within narrow range and…
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The Australian dollar returned to weakness on Wednesday after the action on Tuesday ended in bullish long-tailed Doji which is usually seen as initial reversal signal. Positive impact on slightly better than expected Australian CPI,…
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Cable remains in red on Wednesday despite hammer candle on Tuesday, weighed down by concerns about Britain’s future relationship with the European Union, as the country is leaving the Union on Friday. Adding to uncertainty is mounting fear…
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