Windsor News & Research Blog - Forex & CFD Market Analysis

The loonie advanced against US dollar on Friday, following better than expected Canada retail sales (Sep core 0.2% vs 0.1% f/c) but gains were so far limited by top of falling daily cloud (1.3256). The USDCAD pair is holding in red for the…
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The pair bounces above 5.70 barrier on Friday after bears found footstep at 5.6850 (low of 5.9378/5.6850 bear-leg, posted on 4 Nov). Double-Doji (Wed/Thu) signaled strong indecision and extended consolidation before bears resume. This…
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WTI oil is holding within narrow range just under new two-month high ($58.61) on Friday and consolidating after 5.5% rally in past two days. Strong draw in US crude stocks last week (the biggest fall in three months) boosted oil prices,…
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The pair eases on Friday after double-Doji with the upside being capped by converged 10/20/30DMA’s. Fresh weakness comes despite positive signal on Thursday’s strong downside rejection (long-tailed Doji) as near-term action is weighed…
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Cable extends weakness into fourth straight day, following rejection on approach to 1.30 resistance zone. Weaker than expected UK PMI data (Manufacturing Nov 48.3 vs 49.0 f/c; Services Nov 48.6 vs 50.0 f/c) on Friday, pushed sterling to…
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The Euro advanced in early European trading on Friday, boosted by better than expected German data (GDP Q3 y/y 1.0% vs 0.5% f/c; Nov Manufacturing PMI 43.8 vs 42.9 f/c), but lower than expected services PMI (Nov 51.3 vs 52.0 f/c) limited…
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Cable dipped to the lowest level this week on extension of pullback after repeated attack at pivotal 1.30 resistance zone stalled. Return below thin weekly cloud after brief probe above would generate negative signal on Friday’s close…
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The Euro eases in early Wednesday’s trading and dips back into daily cloud (top of the cloud lays at 1.1064) on fresh risk off mode as US/China trade tensions intensify again. Bulls enter corrective phase after four-day rally repeatedly…
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The dollar and riskier assets fell in early US trading on Monday on the latest media report that expressed pessimistic tone from China over trade deal and soured sentiment. The USDJPY pair was down some 40-pips after news were released and…
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Spot gold falls further on Monday as rising hopes that the US and China will soon reach a deal in the phase one of their trade talks, keeps risk mode and prompts traders out of safe-haven metal. Monday’s extension of pullback from recovery…
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