Windsor News & Research Blog - Forex & CFD Market Analysis

Bulls extended above 108 barrier and hit new six-week high at 108.16 in Asian trading on Thursday, after comments from US President Trump about delay of planned Tariffs on Chinese goods, further boosted risk sentiment. Wednesday’s close…
Read More...

Cable is moving in directionless and narrow-range mode in early European trading on Thursday, awaiting ECB’s decision which would influence pair’s near-term action. Sterling stands at the back foot following triple-failure to clear Fibo…
Read More...

The Euro is holding within narrow range around 1.10 handle in pre-ECB’s trading on Thursday. Wednesday’s dip to 1.0985 (though bears failed to close below cracked psychological 1.10 support) weakened near-term structure, but lacking…
Read More...

WTI oil price dipped near $57.00 support, following brief jump to $57.91 after release of US crude stocks report. EIA report showed much stronger than expected drop in crude stocks (-6.9 mln bls vs 2.6 mln bls f/c) but contract was sold…
Read More...

The Euro fell pivotal supports at 1.1015/00 in fresh bearish acceleration on Wednesday, as sentiment weakened on expectations for dovish stance from ECB on Thursday. Multiple failures to clear important Fibo barrier at 1.1049 and recent…
Read More...

Fresh upside attempts resulted in posting new six-week high at 0.6884 on Wednesday, but probes above pivotal barriers at 0.6870/79 (55DMA / 50% retracement of 0.7082/0.6677) were so far short-lived. Fresh risk sentiment keeps the Aussie…
Read More...

Cable is trading within narrow range in European session on Wednesday and remains capped by Fibo barrier at 1.2370 (50% retracement of 1.2783/1.1958), where the action in past two days failed to register clear break higher. The price…
Read More...

The range is narrowing as markets await main event of this week, Thursday’s ECB policy meeting. The central bank is expected to ease further (10BPS to -0.5%) with focus on continuation of asset purchase program. Market expectations on…
Read More...

Prevailing risk-on mode on easing US/China trade tensions keeps the dollar supported ahead of policy meetings of major central banks, which adds to risk sentiment on expectations for dovish stance. The USDJPY extends advance for the…
Read More...

The pair extends weakness and is on track for close below cracked Fibo support at 1.3155 (Fibo 61.8% of 1.3015/1.3382) and below daily cloud base (1.3163) as bears regain control after Monday’s strong downside rejection and failure to close…
Read More...