Windsor News & Research Blog - Forex & CFD Market Analysis

Fresh bullish extension on Thursday after previous day’s narrow consolidation, firmly broke into daily cloud, took out Fibo barrier at 5.7531 (38.2% of 6.2445/5.4494 descend, also weekly cloud top) and cracked 100DMA (5.7881), after probing…
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Near-term action remains directionless narrow range mode after falling 20DMA repeatedly capped recovery attempts, but the downside remains protected by 10DMA for now. Prevailing tone remains negative as daily momentum starts turning south…
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The Euro bounces to 1.11 zone in early European trading on Thursday, helped by better than expected German PMI data (Mfg Aug 43.6 vs 43.0 f/c; Services Aug 54.4 vs 54.1 f/c) that partially offsets negative impact from less hawkish than…
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WTI oil price eases on Tuesday, after attempts to extend Monday’s 2.15% advance repeatedly failed to clearly break above strong barriers at $56.19 (converged 200/30DMA’s) and $56.33 (bear-trendline off 15 July high at $60.96). Near-term…
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The USDTRY pair extends advance into third straight day and broke above 55DMA (5.6828), penetrating thick daily cloud (base lays at 5.7202) and approaching another pivotal barrier at 5.7531 (Fibo 38.2% of 6.2445/5.4494 descend). Very…
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Fresh bearish extension on Tuesday after recovery was repeatedly rejected under falling 20DMA, retraced over 50% of 1.2015/1.2175 recovery phase and also probes below 10DMA (1.2099), close below which would signal an end of recovery phase…
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The Euro stands at the back foot in early European trading on Tuesday and pressuring Friday’s low at 1.1066, following strong recovery rejection at 1.11 zone and Monday’s bearish close, which marked the fifth straight daily close in red.…
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The pair stands at the front foot for the third straight day and tests again pivotal Fibo barrier at 106.68 (38.2% of 109.31/105.05 bear-leg, which repeatedly limited recovery attempts in past two weeks. Formation of 5/10DMA’s bull-cross…
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Cable eases on Monday, following double rejection just under falling 20DMA (1.2185) and signaling that recovery action from new 2 ½ year low at 1.2015 (12 Aug) might be running out of steam. Last week’s bullish close, the first after four…
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