Windsor News & Research Blog - Forex & CFD Market Analysis

The dollar remains firm and probes again above 108 barrier (reinforced by converged 10/20/30DMA’s) which capped Monday’s upside attempts. Bull-leg from 107.21 double-bottom extends into third consecutive day and broke above 50%…
Read More...

The Euro cracked 12 support zone in extension of steep fall that extends into third day and pressures next pivotal supports at 1.1181/79 (18 June trough / Fibo 76.4% of 1.1107/1.1412 ascend). The single currency stands at the back foot on…
Read More...

Cable stays in red for the third straight day and extended weakness from 1.2558/56 double-top to new two-week lows. Monday’s close below 10DMA (1.2491) generated initial bearish signal, which was reinforced by Tuesday’s break below 1.2449…
Read More...

The Turkish lira remains in defensive mode for the second day as dollar bounced on lowered expectations for Fed’s 0.5% rate cut. The pair dipped to 5.5977 on Friday,  to cover the gap from 8 July when lira fell sharply after the CBRT…
Read More...

The cross regained traction on Monday and bounces, after three-day pullback was contained above rising 30DMA (0.8953), despite Friday’s close below psychological 0.90 support. Fresh strength pressures 0.90 level but needs daily close above…
Read More...

The pair rose in Asia on Monday as dollar remains bid on tempered expectations for stronger rate cut by Fed, but fresh gains were so far unable to hold gains above 108 barrier, reinforced by converged 10/20/30DMA’s at 108.06. Rising…
Read More...

Cable eases further in early European trading on Monday, following failure to hold gains above pivotal Fibo support at 1.2535 (38.2% of 1.2783/1.2382), with action stalled on approach to falling 20DMA (1.2555). Fresh weakness probes below…
Read More...

The Australian dollar stands at the back foot at the beginning of the week following Friday’s close in red after bulls stalled on approach to 200DMA (0.7090). Stronger US dollar on renewed safe-haven bid on Middle East tensions and lowered…
Read More...

The USDCAD bounced from new low at 1.3015 (the lowest since 25 Oct) and probed above 1.31 barrier after downbeat Canada’s retail sales (May -0.1% m/m vs 0.3% f/c / Core -0.3% vs 0.3% f/c) deflated loonie. Fresh advance fully retraced…
Read More...

The pair bounces from new low at 107.21 (Thu/Fri lows), boosted by profit-taking after two-day 108.32/107.21 fall. The dollar was hit by dovish comments from Fed on Thursday, but dips found footstep ahead of key support at 106.78 (25…
Read More...