Windsor News & Research Blog - Forex & CFD Market Analysis

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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Cable remains in red in early Monday’s trading (opened with 18-pips gap lower in Asia) and extends weakness through thick daily cloud, following 0.5% fall last Friday. Stronger dollar on upbeat US data last Friday keeps sterling at the…
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Cable extends weakness in the US session on Friday after being hit by weak US retail sales data that added to expectations of rate cut at the end of rge month’s BoE policy meeting, with additional pressure from upbeat US housing data…
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The pair advances strongly on Friday after US-China trade deal provided relief and boosted appetite for riskier assets. Reversal pattern is forming on daily chart after Thursday’s action was strongly rejected at the downside and…
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The Australian dollar regained traction and advanced towards multi-day range tops, following strong upside rejection on Thursday after the price spiked to 0.6933 but subsequently reversed and closed in the middle of the range. Solid…
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