Windsor News & Research Blog - Forex & CFD Market Analysis

The Euro found footstep after double failure to close above important Fibo barrier at 1.1049 (Fibo 38.2% of 1.1249/1.0925) and Thursday’s strong upside rejection at falling 20DMA / Fibo 50% retracement). Dips managed to stay above…
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Cable stands at the back foot in early Monday’s trading and showing scope for deeper pullback, following last week’s double rejection at falling 55DMA (currently at 1.2326) and under the base of falling and thickening daily cloud (1.2353),…
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Canadian dollar rose to five-week high against US dollar, boosted by upbeat Canada’s jobs data which showed 81.1K new jobs created in Aug vs 18.9K forecast and negative figure in July (-24.4). Mixed US jobs data, as NFP fell below…
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The pair maintains positive tone and holding above psychological 107 level ahead of today’s key event – release of US jobs data for August. Strong two-day advance  (Wed/Thu) resulted in close above important barrier at 106.88 (daily…
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The Euro regains traction and attacks again pivotal Fibo barrier at 1.1049 (38.2% of 1.1249/1.0925 descend after bulls were strongly rejected at falling 20DMA (1.1085). Thursday’s action ended in Doji with long upper shadow, following…
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Cable ticks lower in early European trading on Friday as strong three-day rally from new low at 1.1958, faces strong headwinds from significant barriers at 1.2335 (falling 55DMA) and 1.2354 (daily cloud base). Profit-taking at the end of…
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Extension of Wednesday’s rally that left daily bullish engulfing and generated positive signal, failed on initial attempt through 106.70 zone (highs of 29/23 Aug / falling 30DMA) on Thursday. Improved sentiment on fresh hopes over US-China…
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The Euro remains constructive in European trading on Thursday as Tuesday’s long-tailed hammer and Wednesday’s long bullish daily candle underpin the action, but bulls face strong headwind from pivotal barrier at 1.1049 (Fibo 38.2% of…
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Sterling eases from one-week highs in early Thursday as traders booked profits after Wednesday’s 1.44% advance (the biggest one-day gains since 13 Mar). Strong rally on renewed optimism on avoiding hard Brexit emerged after unsuccessful…
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WTI oil changes direction on Wednesday and bounces after three-day fall that hit 3 ½ week low at $52.82 on Tuesday. The oil price advanced 2.8% in Asia / Europe on Wednesday, as sentiment improved on data released overnight that showed…
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