Windsor News & Research Blog - Forex & CFD Market Analysis

The pair edged higher on Tuesday after 200DMA (109.01) repeatedly limited dips, on track for another attack at cracked key Fibo barrier at 109.36 (61.8% of 112.40/104.44) which so far resisted two attacks. Daily techs are mixed (momentum…
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The Euro holds in extended consolidation above new three-week lows (1.1016) but remains biased lower, with consolidation being capped by broken 55DMA (1.1038). Bearish daily studies maintain negative stance, however, further…
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Cable eases in early European trading on Tuesday, following previous day’s advance on Brexit party news. Monday’s rally failed to break 1.29 barrier and closed below pivotal daily Tenkan-sen (1.2872). Fresh weakness pressures supports…
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The pair rose to new three-week high after downbeat Canada’s housing and employment data depressed loonie. Fresh advance (0.49% since Asian opening) broke important Fibo barrier at 1.3229 (61.8% of 1.3345/1.3041) and pressures next target…
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Spot gold bounced from new five-week low, posted after 1.5% fall previous day, but recovery was so far limited and stalled at $1472, maintaining firm bearish tone. The yellow metal was hurt by fresh optimism as US and China came close to…
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Thursday’s eventual break of pivotal support at 1.1064 (daily cloud top / Fibo 38.2% of 1.0878/1.1179) where bears paused for two days, was strong bearish signal. The pair hit new three-week low at 1.1035 in Thursday’s bearish…
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Cable is holding within narrow consolidation in early Friday’s trading after Thursday’s fall broke and closed below important Fibo support at 1.2819 and cracked 1.2800 handle, generating negative signal. Sterling was hit by unexpected…
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The Euro returned below cracked 1.1064 pivot (daily cloud top / Fibo 38.2% of 1.0878/1.1179 rally), coming under renewed pressure after short-lived rally on optimistic trade news was capped by the base of thick hourly cloud (1.1091).…
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The cross retested highs of past few days at 0.8646 (reinforced by falling 20DMA) on fresh bullish acceleration on surprise BoE MPC split vote (7-2 vs 9-0 f/c) on previous policy meeting, report showed today. Sterling came under fresh…
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Spot gold fell $10 in European trading on Thursday on fresh risk mode, sparked by optimistic news regarding US/China trade talks. Fresh weakness erased Wednesday’s recovery and pressures again daily cloud base ($1478), cracked on Tuesday’s…
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