Windsor News & Research Blog - Forex & CFD Market Analysis

Bears are taking a breather after Thursday’s 0.8% fall which marked the fifth consecutive day in red and was contained by key Fibo support at 0.6769 (61.8% of 0.6670/0.6929). Optimistic comments from White House economic advisor about…
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The pair regained traction on Friday and moved higher after holding in red for five consecutive days. Pullback from double-top at 109.48 was contained by rising daily Kijun-sen and fresh optimism on positive signals from US/China trade…
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The Euro is holding above 1.10 mark in early Friday’s trading but attempts to extend Thursday’s recovery rally lack strength and were so far capped by broken Fibo 50% barrier at 1.1029. Strong downside rejection under key Fibo support…
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Cable remains tall in early Friday’s trading and holds above broken 20DMA (1.2870), keeping firm near-term tone, following Thursday’s 0.25% rally and break above the tops of two-day congestion. Sterling was inflated on fresh optimism…
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The Euro returns below 1.10 handle in early American trading on Thursday, following mild reaction on US weekly jobless claims that rose to five-month high and temporarily deflated dollar. Fresh weakness pressures again key Fibo support…
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The cross continues to move gradually lower after eventually breaking below the floor of month-long congestion and hit new low at 0.8550 (the lowest since 7 May). Strong bearish setup on daily/weekly chart studies signals further weakness,…
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Weaker than expected UK retail sales (Oct m/m -0.1% vs 0.2% f/c; y/y 3.1% vs 3.7% f/c) had minor negative impact on sterling. Cable is slightly bid on Thursday but still holding within narrow range that extends into third day.…
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The Australian dollar dipped below 0.6800 mark (50% retracement of 0.6670/0.6929) and hit new one-month low at 0.6792 in early European trading on Thursday. Data released overnight showed strongest  fall in Australian employment in past…
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The Australian dollar fell to two-week low against its US counterpart on Wednesday, extending weakness into fourth straight day and breaking through important Fibo support at 0.6830 (38.2% of 0.6670/0.6929). Lack of breakthrough in…
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The cross jumped to the session high at 0.8585 after weaker than expected UK inflation data deflated sterling. UK CPI (y/y Oct 1.5% vs 1.6% f/c and 1.7% prev) fell to its lowest since Nov 2016, with BoE’s expectations for further fall…
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