Windsor News & Research Blog - Forex & CFD Market Analysis

Cable eases after three-day rally which repeatedly failed under pivotal Fibo barrier at 1.3158 (61.8% of 1.3284/1.2954). Wednesday’s 0.7% advance marks the biggest one-day rally since 31 Dec, fueled by better than expected data (CBI…
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The Euro is holding in red in European session on Thursday and pressuring again key Fibo support at 1.1079 (61.8% of 1.0981/1.1239) which continues to limit the downside. Near-term action remains in directionless mode for the fourth…
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The Australian dollar jumped 0.4% in Asia on upbeat jobs data which showed unemployment falling to the lowest in one year and employment figure doubled estimation. Strong labor sector numbers improved the sentiment and reduced…
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Strong three-day rally (the dollar advanced 1.3% against lira) is pausing under new two-week high. Overbought daily stochastic and rising bearish momentum signal that fresh bulls are entering consolidative/corrective phase. Broken 20DMA…
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The Australian dollar remains under pressure and hit new six-week low at 0.6826 on Wednesday, in extension of Tuesday’s 0.4% fall. Fears of the impact of Coronavirus on Chinese economy keep the Aussie at the back foot, but today’s fresh…
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The cross is consolidating above pivotal Fibo support at 0.8473 (Fibo 38.2% of 0.8276/0.8595) following Tuesday’s 0.4% drop, initiated by upbeat UK labor data. Sterling remains firm but needs more signals about BoE’s action on policy…
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Cable maintains positive tone on Wednesday and holding at 1.3050 zone, after better than expected UK labor data on Tuesday eased expectations for BoE rate cut and improved the sentiment. Fresh bulls from Monday’s hammer candle low at…
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WTI oil price eases from he session high ($59.62), hit after gap-higher opening on Monday, on rising concerns about supply as unrest in Libya and protests of workers on oil installations in Iraq, reduced production in both countries. Fresh…
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The Australian dollar fell in European session to the lowest since 10 Jan, after brief recovery in Asia lost traction. Fresh weakness comes in extension of Friday’s strong fall after bull stalled on Thursday and formed bull-trap reversal…
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The Euro is consolidating above key supports at 1.1079/72 (Fibo 61.8% of 1.0981/1.1239 / daily cloud top) but remains biased lower following upside rejection last Thursday (bull trap) and strong fall on Friday. Rising bearish momentum on…
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