Windsor News & Research Blog - Forex & CFD Market Analysis

WTI oil price declines for the third straight day and breaks below $56 handle after taking out series of strong technical supports. Negative sentiment on concerns about global oil demand, in light of latest tough comments on trade conflict…
Read More...

The Australian dollar was sharply lower on Wednesday, registering losses of 0.85% for the day so far and on track for the biggest one-day fall since 1 July. US/China trade conflict, Brexit uncertainty and Trump impeachment talk were key…
Read More...

Cable fell to new two-week low at 1.2372 in early US trading on Wednesday, after repeated rejection at pivotal Fibo barrier at 1.2501 further soured sentiment and dollar regained traction after being hit by fresh political crisis in the…
Read More...

Near-term action remains biased lower following triple failure at falling 20DMA (currently at 1.1023) and subsequent easing on Wednesday that attacks again cracked key Fibo support at 1.0996 (61.8% of 1.0926/1.1109 upleg). However, strong…
Read More...

Cable eases below rising 10DMA (1.2458) in early European trading on Wednesday, failing to benefit from Tuesday’s bullish outside day, as another failure at 1.2501 pivot on Tuesday (Fibo 38.2% of 1.3381/1.1958) keeps the downside…
Read More...

The pair jumped above 0.6800 handle on Tuesday as the Aussie was bought after slightly less dovish than expected comments from RBA governor Lowe, earlier today. Bounce occurs after triple-failure at key Fibo support at 0.6766 (61.8% of…
Read More...

Cable regained traction and tested again 1.2500 barrier in early US trading, following mild initial reaction on UK Supreme Court’s verdict that PM Johnson’s suspension of parliament was unlawful. Fresh bulls need sustained break above…
Read More...

WTI oil price remains in red on Tuesday despite Monday’s strong downside rejection at $57.33 and failure to close below cracked pivotal supports at $57.74 (10DMA) and $57.44 (Fibo 61.8% of $53.93/$63.12 jump). Weak economic data from…
Read More...

The pair trades in red for the second straight day and extends weakness through daily cloud top (5.6900) to crack 55DMA (5.6739) and pressure triangle support (5.6683). Near-term action holds within narrowing range, with break of triangle…
Read More...

Bears are taking a breather following two-day pullback from new recovery high at 1.2583b dipped to 1.2412 and pressured key support at 1.2399 (top of thick daily cloud). Today’s action is holding below 10DMA (1.2440) after Monday’s dip…
Read More...