Windsor News & Research Blog - Forex & CFD Market Analysis

The pair fell to daily low at 106.38 after China announced its tariff retaliation, materializing their earlier warning about response to new US tariffs on imports from China from 1 Sep. Dovish comments from Fed’s Bullard, just hours…
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Multi-day range is narrowing as near-term price action is holding within a pennant pattern and awaiting fresh signals. Converging 20 and 10DMA’s (106.66 and 106.29 respectively) hold the action for now and mark pivotal points, with break…
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Cable eases from new recovery high at 1.2273 in early Friday’s trading, following 1.04% rally on Thursday, when sterling was inflated by fresh Brexit optimism on Germany’s Merkel comments about possible solution for Irish backstop. Bullish…
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The Kiwi dollar jumped from new over 3 ½ year low (0.6361) in early Friday’s trading, following better than expected New Zealand Q2 retail sales and comments of RBNZ Governor, who said that the central bank can wait on monetary policy…
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The Euro tested both boundaries of five-day range (1.1066/1.1113) on Thursday, but failed to break on either side, as price action in Asia / Europe / early US session is presented in long-legged Doji daily candle that signal strong…
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Spot gold probes again below $1500 level on Thursday, weighed by softer than expected tone from Fed, as US central bank, in minutes of July meeting, signaled that needs more evidence in order to determine future action regarding monetary…
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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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