Windsor News & Research Blog - Forex & CFD Market Analysis

The Turkish lira jumped 1.2% against US dollar after Turkey’s central bank surprised by cutting interest rates more than expected in its policy meeting today. The CBRT reduced interest rate by 325 basis points to 16.5% against expectations…
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The Euro spiraled lower and retested 2019 low at 1.0926 (posted on 3 Sep) after European central bank met all expectations of the markets regarding action taken to fight negative impact from weakening EU’s economy and low inflation, as well…
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WTI oil price falls further Thursday and breaks below important Fibo support at $55.60 (38.2% of $50.53/$58.74). Pullback from $58.74 high (10 Sep) extends after strong fall on Wednesday (oil was down 3.3% for the day) broke below a…
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The pair resumes multi-day uptrend on Thursday, following Tue/Wed consolidation, shaped in double Doji and probes again above cracked 55DMA (0.6868) and 0.6879 barrier (50% of 0.7082/0.6677 / daily cloud top). Risk-sensitive Aussie…
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Bulls extended above 108 barrier and hit new six-week high at 108.16 in Asian trading on Thursday, after comments from US President Trump about delay of planned Tariffs on Chinese goods, further boosted risk sentiment. Wednesday’s close…
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Cable is moving in directionless and narrow-range mode in early European trading on Thursday, awaiting ECB’s decision which would influence pair’s near-term action. Sterling stands at the back foot following triple-failure to clear Fibo…
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The Euro is holding within narrow range around 1.10 handle in pre-ECB’s trading on Thursday. Wednesday’s dip to 1.0985 (though bears failed to close below cracked psychological 1.10 support) weakened near-term structure, but lacking…
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WTI oil price dipped near $57.00 support, following brief jump to $57.91 after release of US crude stocks report. EIA report showed much stronger than expected drop in crude stocks (-6.9 mln bls vs 2.6 mln bls f/c) but contract was sold…
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The Euro fell pivotal supports at 1.1015/00 in fresh bearish acceleration on Wednesday, as sentiment weakened on expectations for dovish stance from ECB on Thursday. Multiple failures to clear important Fibo barrier at 1.1049 and recent…
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Fresh upside attempts resulted in posting new six-week high at 0.6884 on Wednesday, but probes above pivotal barriers at 0.6870/79 (55DMA / 50% retracement of 0.7082/0.6677) were so far short-lived. Fresh risk sentiment keeps the Aussie…
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