Windsor News & Research Blog - Forex & CFD Market Analysis

Cable cracked important support at 1.2270 (50% retracement of 1.1958/1.2582 / daily Kijun-sen) in early European trading on Tuesday, after support contained action of past two days. Break lower was so far short-lived as sterling received…
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The Euro maintains negative tone and extends lower, following eventual close below 1.0900 handle, delayed for two-day consolidation. Fresh bears pressure Fibo support at 1.0863 (76.4% of 1.0340/1.2555), break of which would generate…
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The Australian dollar was the top loser of Asian session on Tuesday, down around 1% after RBA cut interest rate by 25 basis points to record low at 0.75%, in widely expected action. The central bank’s statement signaled possible further…
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Monday’s action moves within 35-pips range under new one-week high at 108.18 on Monday but remains in green for the fourth straight day. The greenback remains bid due to month-end demand, Euro and underpinned by fresh weakness of Euro, hit…
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The cross dipped after repeated failure to break above falling 20DMA (0.8898), as better than expected UK GDP data (Q2 GDP y/y 1.3% vs 1.2 % f/c / prev) offset larger than expected UK current account deficit (Q2 -25.2B vs -19.5B f/c) and…
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The Australian dollar extends sideways mode into third straight day, awaiting tomorrow’s RBA policy meeting for fresh signals. Bear-leg from 0.6894 (12 Sep high) is taking a breather above pivotal support at 0.6736 (Fibo 76.4% of…
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Cable ticks above 1.2300 handle in early Monday’s trading, as bears are taking a breather above new three-week low at 1.2270, where daily Kijun-sen / 50% of 1.1958/1.2582) provided footstep. Negative sentiment was further soured by…
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The Euro extends consolidation above 1.09 support after bears faced strong headwinds here, but the upside remains limited despite Friday’s bullish close. The pair ended last week in red (the second consecutive bearish weekly close) and hit…
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The Euro bounces from new multi-month low at 1.0904 (the lowest since early May 2017) on Friday, as bears faced headwinds from 1.0900 (round-figure support) after key level at 1.0926 (3/12 Sep double-bottom) was taken out on Thursday.…
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Cable accelerated lower in early European session on Friday, extending strong fall from 1.2500 zone into third straight day. Fresh weakness hit new two-week low on probe below 1.2300 handle and was sparked by comment from BoE policymaker…
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