Windsor News & Research Blog - Forex & CFD Market Analysis

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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Optimistic news on US/China trade issue prompted investors into riskier assets and pushed the pair back above 200DMA (109.02). Wednesday’s close in red and below 200DMA put on hold hopes for eventual attack at key Fibo barrier at 109.36…
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Cable edged higher in early Thursday’s trading on fresh risk mode in the markets, but the action requires more work at the upside to neutralize downside risk. Wednesday’s close below 10DMA (1.2880) which held the action in past four days…
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