Windsor News & Research Blog - Forex & CFD Market Analysis

The loonie rallied against its US counterpart on disappointing US NFP (Dec 145K vs 164K f/c) and AHE (Dec m/m0.1% vs 0.3% f/c), also being boosted by upbeat Canada’s jobs data (Employment change Dec 35.2K vs 25K f/c; unemployment Dec 5.6% …
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US jobs data showed that the labor sector growth slowed more than expected in December. Non-Farm Payrolls increased by 145K in December, falling below 164K consensus and downward-revised previous month figure at 256K. Average hourly…
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The Euro remains firmly in red on Friday and extends weakness after Thursday’s long-legged Doji signaled bears were pausing. The pair is on track for the worst week since early November as dollar benefited from recent geopolitical turmoil…
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The pair extends steep fall from new multi-month high at 5.9875 into second straight day (down 1% on Wednesday and 0.6%  so far today) and cracked important support at 5.8719 (Fibo 38.2% of 5.6848/5.9875). Massive Wednesday’s bearish daily…
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Fresh weakness after dovish comments from BoE Governor Carney approached psychological 1.30 support on Thursday. Cable is holding in red for the third straight day and threatens for further easing as daily studies softened and…
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WTI oil price is holding within narrow consolidation on Thursday, following 4.5% fall on Wednesday on comments from President Trump who said the US refrains from further military action. The sentiment was additionally weakened by…
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The Euro is consolidating on Thursday after strong fall in past two days (0.81%) which generated bearish signals on break and close below important supports between 1.1140 and 1.1110 (Fibo 38.2% of 1.0981/1.1239 / 200DMA/ trendline…
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The Australian dollar maintains negative bias in early Thursday’s trading despite Wednesday’s Doji and pressures again cracked pivotal support at 0.6860 (Fibo 61.8% of 0.6754/0.7032 /55DMA) after bears repeatedly failed to close below in…
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The pair maintains firm bullish tone on Thursday and extends strong rally from the previous day, hitting the highest levels in past seven days and cracking key Fibo barrier at 109.36 (61.8% of larger 112.40/104.44 fall). Iran’s rocket…
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WTI oil price is down over $4 for the day after hitting new multi-month high at $65.43 overnight, in reaction on Iran’s attack at US forces in Iraq. Subsequent quick pullback was triggered by calming situation on signs that further…
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