Windsor News & Research Blog - Forex & CFD Market Analysis

WTI oil price returned to red on Wednesday after bounce from Tuesday’s one-month low ($52.97), sparked by surprise drop in US oil inventories, stalled at $54.31. API report on Tuesday showed unexpected drop in US crude inventories (5.9 mln…
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The Euro lost traction and dipped near 1.0900 support in European trading on Wednesday, after Tuesday’s rally on downbeat US data failed to sustain gains. Fresh weakness of sterling on disappointing UK construction PMI (Sep 43.3 vs 45.0…
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Cable stands at the back foot in early Wednesday’s trading, following Tuesday’s roller-coaster action when the pair cracked daily cloud base (1.2224) and hit new one-month low (1.2204), but subsequently bounced to 1.2337 (session high) on…
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The US dollar was sharply lower against its major counterpart in early American session on Tuesday, following downbeat US Manufacturing PMI data (Sep 47.8 vs 50.4 f/c), hitting the lowest since 2009. Weak numbers signal contraction and…
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WTI oil price is consolidating above new 2 ½ week low at $53.93, posted after nearly 4% fall on Monday. Oil price came under increased pressure after strong upside rejection (16 Oct spike to $63.12 after attack on Saudi oil installation)…
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The pair extends advance into fifth straight day and cracks pivotal barriers at 108.42/47 (50% retracement of 112.40/104.44 / 18/19 Sep double-top). Bulls face strong headwinds here and so far unable to break higher, with further…
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Cable cracked important support at 1.2270 (50% retracement of 1.1958/1.2582 / daily Kijun-sen) in early European trading on Tuesday, after support contained action of past two days. Break lower was so far short-lived as sterling received…
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The Euro maintains negative tone and extends lower, following eventual close below 1.0900 handle, delayed for two-day consolidation. Fresh bears pressure Fibo support at 1.0863 (76.4% of 1.0340/1.2555), break of which would generate…
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The Australian dollar was the top loser of Asian session on Tuesday, down around 1% after RBA cut interest rate by 25 basis points to record low at 0.75%, in widely expected action. The central bank’s statement signaled possible further…
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Monday’s action moves within 35-pips range under new one-week high at 108.18 on Monday but remains in green for the fourth straight day. The greenback remains bid due to month-end demand, Euro and underpinned by fresh weakness of Euro, hit…
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