Windsor News & Research Blog - Forex & CFD Market Analysis

WTI oil stands at the back foot on Monday and extends pullback after double-failure at pivotal Fibo barrier at $58.46 (61.8% of $63.12/$50.91) last Thu/Fri. Fresh weakness dipped below important 200DMA support ($57.53) despite optimistic…
Read More...

The pair rose further on Monday and broke above 200DMA, as weakening lira failed to benefit from better than expected Turkish data, released earlier today. Fresh advance left temporary base at 5.6850 zone with return above 200DMA (5.7192)…
Read More...

The pair weakened towards session low after recovery attempts in Asia stalled on approach to psychological 0.6800 barrier, but near-term action remains supported by daily cloud which twisted today and ascends (cloud top lays at 0.6785).…
Read More...

The pair regained traction after last week’s triple-Doji and edged higher on Monday, as fresh optimism over US/China trade talks boosted risk appetite, reducing safe-haven demand. Fresh advance approaches key 200DMA barrier (108.94),…
Read More...

The Euro dips in early European trading on Monday, erasing the most of overnight’s recovery, despite positive news, as prevailing tone remains negative. German Ifo data came in line with expectations, showing that business morale rose in…
Read More...

Cable is standing at the front foot in early Monday’s trading following gap higher weekly opening on fresh optimism on Brexit and US/China trade talks. Last week’s dip (0.7% fall on Thu/Fri) found footstep at 1.2820 (Fibo 23.6% of…
Read More...

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…
Read More...

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…
Read More...

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,…
Read More...

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…
Read More...