Windsor News & Research Blog - Forex & CFD Market Analysis

Early Tuesday’s action stays in red and hit new low at 1.2264 (the lowest since 2 Oct) on probe through 1.2270 pivot (daily Kijun-sen / 50% retracement of 1.1958/1.2582 upleg). Monday’s upside rejection and close in red after Friday’s…
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WTI oil extends recovery into second day as traders booked profits from strong fall in past two weeks. Slight optimism on progress in US-China trade talks, which are due to resume this week, also inflates oil price. Thursday’s Hammer…
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Cable stands at the back foot in early Monday after Friday’s post-NFP action failed to establish in fresh direction and ended in long-legged Doji, signaling strong indecision. Near-term action holds in the middle of thick daily cloud,…
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The Euro ticked lower in early European trading on Monday, as upside attempts remain capped at strong 1.1000 resistance zone (falling 20DMA / 50% retracement of 1.1109/1.0878 / bear-trendline off 1.1412 high), keeping larger downtrend…
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The Euro stands at the front foot in early Friday’s trading, but holding below key barriers at 1.10 zone (double-Fibo resistance / falling 20DMA) which was cracked on Thursday’s rally. Failure to clearly break higher marks the significance…
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Cable accelerated higher in early US trading on Thursday, signaling possible break of four-day congestion, after long-tailed candles of past two days added to idea of bears’ stall. Fresh advance broke above Fibo barrier at 1.2349 (38.2%…
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Cable remains in directionless mode for the fourth straight day, with repeated long-legged Dojis signaling strong indecision. No significant reaction was seen from Wednesday’s new Brexit proposal by PM Johnson, as the EU officials in…
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Bears are taking a breather after steep fall in past two days as dollar was hit by downbeat US Manufacturing PMI data and weaker than expected US private sector jobs report that raised concerns about US economic growth slowdown and fueled…
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The Euro is consolidating under pivotal Fibo barrier at 1.0967 (38.2% of 1.1109/1.0878) in early Thursday’s trading. Two-day recovery from new over two-year low at 1.0878 (sparked by weaker than expected US Manufacturing and private sector…
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Cable jumped to 1.2300 zone after UK PM Boris Johnson outlined his final Brexit plan, which he described as constructive and reasonable and urged the bloc leaders to compromise or face UK leaving on 31 October without a deal. Johnson…
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