Windsor News & Research Blog - Forex & CFD Market Analysis

The pair extends weakness and is down 0.5% since opening of Asia, as dovish Fed hit dollar and safe-haven yen was additionally boosted by comments from China, expressing doubts over possible trade deal with the US. Wednesday’s red Doji…
Read More...

WTI oil fell from session high at $55.60 and tested $55 handle following the latest news. China expressed doubts about reaching trade deal with the US that soured sentiment. Recovery from Thursday’s one-week low at $54.49 (hit after…
Read More...

The Euro remains tall against dollar and consolidating under initial barrier at 1.1179 (21 Oct high), following strong post- dovish Fed bullish acceleration. The Fed cut interest rate by 0.25% as expected, but chief Powell, in his press…
Read More...

The USDCAD pair surged 0.5% to new two-week high, after The Bank of Canada kept its key interest rate unchanged at 1.75% but cut global and domestic growth forecast as the economy was hit by trade conflicts. The greenback received…
Read More...

Cable maintains positive tone and ticked above 1.29 handle, following four consecutive rejections at 1.2819 Fibo support (23.6% of 1.2195/1.3012). Fresh advance after Tuesday’s long-legged Doji cracks initial barrier at 1.2890 (10DMA),…
Read More...

Recovery lost traction in early European trading on Wednesday after German data showed stronger than expected rise in unemployment in October. Bulls were capped by daily Tenkan-sen / 100DMA, but subsequent easing was mild and price action…
Read More...

The Euro holds in red on Tuesday and cracks lows of past two days (1.1073/75) after Monday’s advance was capped by daily cloud top (1.1105) and subsequent weakness erased previous day’s gains. Signals from 4-hr studies are negative, as…
Read More...

Cable stands at the back foot in early European trading on Tuesday and probes again through 1.2819 Fibo support (23.6% of 1.2195/1.3012) which contained attacks in past three days and kept near-term bias with bulls. Studies on daily…
Read More...

Fresh advance on positive news over US/China trade talks was so far unable to break key 200DMA obstacle (109.05) which capped Monday’s rally and continues to limit the action in early Tuesday. Near-term action remains biased higher and…
Read More...

Spot gold dipped well below $1500 mark on Monday after news about significant progress in US/China trade talks boosted risk sentiment. Fresh weakness is on track to complete reversal pattern on daily chart, formed after strong rally last…
Read More...