Windsor News & Research Blog - Forex & CFD Market Analysis

The Euro is consolidating above new one-week low at 1.1199, following 0.42% fall on Tuesday, when the single currency was dragged by weaker pound. Fresh bears cracked important s 1.12 support zone, but faced strong headwinds and holding…
Read More...

Cable broke through 1.24 handle and 2019 low at 1.2397 in early European trading on Wednesday and hit new 27-month low in extension of strong fall on Tuesday, when the pair was down almost 0.9%, in the biggest one-day fall since 28 Mar.…
Read More...

WTI oil price managed to regain traction and edge higher on Tuesday after Monday’s fall was contained by 100DMA ($59.31). Larger uptrend from $50.59 low showed initial signs of stall at important Fibo barrier at $60.47 (61.8% of…
Read More...

The Euro accelerates lower in early US session trading on Tuesday, dragged by weak pound, with stronger dollar, creating an additional pressure on the single currency. Fresh weakness from 1.1285/84 double-top (where recovery was repeatedly…
Read More...

 Cable extends weakness below 1.25 handle on Tuesday and pressures key support at 1.2439 (9 July low, the lowest since 3 Jan). The price showed mild reaction on UK jobs data as earnings rose in May (3.4% vs 3.1% prev and 3.2% f/c) in the…
Read More...

The Euro moves lower in early US trading on Friday as stronger than expected US PPI data inflated dollar. The pair repeatedly failed to close above strong 1.1254/85 resistance zone (100DMA / broken bull-trendline / converged 20/30DMA’s)…
Read More...

The Australian dollar holds in green for the third straight day and extends recovery from 0.6910 low through 10DMA (0.6980) and Fibo 61.8% of 0.7047/0.6910 (0.6995) on Friday. Weaker US dollar (after rally on stronger than expected US CPI…
Read More...

The dollar index stands at the back foot in early Friday and attacks again key support at 96.48 (200DMA / Fibo 38.2% of 95.35/97.18 upleg). Thursday’s advance after stronger than expected US inflation data lowered expectations for 0.5%…
Read More...

WTI oil price hit the highest level since 23 May and establishing above psychological $60 barrier, in today’s extension of Wednesday’s 3.2% advance. The oil price received fresh boost from significant drop in US crude inventories (EIA…
Read More...

Cable extends bounce from 1.2440 zone double-bottom, inflated by weaker dollar on dovish comments from Fed Chairman Powell. Signals that the US central bank may opt for more aggressive rate cut in policy meeting at the end of the month,…
Read More...