Windsor News & Research Blog - Forex & CFD Market Analysis

Cable is trading within narrow range in European session on Wednesday and remains capped by Fibo barrier at 1.2370 (50% retracement of 1.2783/1.1958), where the action in past two days failed to register clear break higher. The price…
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The range is narrowing as markets await main event of this week, Thursday’s ECB policy meeting. The central bank is expected to ease further (10BPS to -0.5%) with focus on continuation of asset purchase program. Market expectations on…
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Prevailing risk-on mode on easing US/China trade tensions keeps the dollar supported ahead of policy meetings of major central banks, which adds to risk sentiment on expectations for dovish stance. The USDJPY extends advance for the…
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The pair extends weakness and is on track for close below cracked Fibo support at 1.3155 (Fibo 61.8% of 1.3015/1.3382) and below daily cloud base (1.3163) as bears regain control after Monday’s strong downside rejection and failure to close…
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The USDTRY pair holds in green for the fourth day and extends advance from 4/5 Sep double-bottom (5.6480) to pressure key barriers at 5.7908 (100 DMA) and 5.8031 (daily cloud top) on Tuesday. Lira’s sentiment weakened on threats of US…
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Spot gold extends pullback from new six-year high and establishes below $1500, which now acts as initial resistance and caps Tuesday’s action. The yellow metal’s price holds in red for the fourth day as traders took profits of the latest…
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Cable regained traction and bounced from session low at 1.2306, hit on pre-UK jobs data 70-pips drop, as overall positive data inflated pound. Earnings rose 4% in July vs 3.7% f/c, showing the biggest pay rise since 2008, while…
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Bulls continue to struggle at 1.1049 Fibo barrier (38.2% of 1.1249/1.0925) on Tuesday, with gains being repeatedly capped by falling 20DMA (1.1062). Near-term action holds in directionless mode for the fourth straight day, with…
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Cable maintains firm tone and pressures Monday’s six-week high (1.2384) in early European trading on Tuesday. Lowered risk of no-deal Brexit continues to boost sterling after UK bill that blocks divorce without deal became law. Cable…
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