Windsor News & Research Blog - Forex & CFD Market Analysis

Cable holds within tight range in Europe on Monday, lacking strength for further advance despite last week’s bullish close and marginally above thin weekly cloud, which limited the action of past six weeks. Near-term action remains above…
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The Euro stands at the back foot in early Monday’s trading following strong downside rejection on Friday, as short-lived probe below key 1.1000/1.0989 support zone left daily candle with long tail. Attempts to extend recovery were capped…
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The Aussie jumps in early Monday’s trading, supported by upbeat Chinese data (Caixin Manufacturing PMI Nov 51.8 vs 51.4 f/c) which showed that Chinese factory activity expands at the fastest pace in three years. Fresh recovery sidelined…
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Cable stands at the back foot on Friday after Thursday’s action ended in bearish candle with long upper shadow and signaling another recovery rejection. Pound is losing traction as positive sentiment on optimistic polls (You Gov showed…
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The Euro is holding within narrow range in early European trading on Friday after recovery attempts from key 1.10 support zone stalled. Downbeat German retail sales were offset by jobs data which showed significant drop in unemployment,…
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The pair consolidates below new multi-month high at 109.60, posted on Wednesday after 0.5% advance (the biggest one-day rally in November). The greenback rallied after upbeat US data on Wednesday and strong bullish acceleration resulted…
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Cable extends advance on Thursday after repeated rejection at 1.2320 Fibo support (23.6% of 1.2197/1.3012) on Wednesday. The latest report from YouGov polls showed the biggest Tory majority in over three decades that further boosted…
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The Euro moved higher in Asia/early Europe on Thursday, following previous day’s dip that cracked key Fibo support at 1.0993 and registered marginal close below psychological 1.10 support, but failing to clearly break lower. Fresh risk…
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The Euro cracked psychological 1.10 support and pressures other key supports at 1.0993 (Fibo 61.8% of 1.0878/1.1179) and 1.0989 (Nov low) on fresh acceleration lower after better than expected US data. US GDP data showed that economy…
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The pair rallies for the fourth straight day after forming the base at 5.6848 (20/21 Nov lows, also low of 4 Nov). Strong recovery generated several bullish signals on break above the cluster of daily MA’s and penetration of daily cloud.…
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