Windsor News & Research Blog - Forex & CFD Market Analysis

WTI oil price rose above important technical barrier at $58.62 (Fibo 61.8% of $60.96/$54.84 / daily cloud top) on Wednesday, extending advance for the fourth straight day. Oil price accelerated higher in late Tuesday, boosted by API crude…
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Eventual break and close below key supports at 5.5740 (Fibo 61.8% of 5.1595/6.2445 ascend) and 5.5649 (200DMA) generated strong bearish signal for deeper decline, in extension of downtrend from 6.2445 (2019 high). Bears eye psychological…
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The Euro showed mild reaction on a batch of data from the EU today, as upbeat German retail sales and slightly better than expected jobs data were offset by French and Spanish GDP, which came in line and slightly below expectations, while…
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The Australian dollar bounced from new six-week low (0.6862) on Wednesday, boosted by better than expected inflation data. Australia’s annualized CPI rose 1.6% in Q2 from 1.3% in Q1 and beating forecast at 1.5%, while monthly rise was 0.6%…
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The cross rose to new multi-month high at 0.9189 on Tuesday, in extension of Monday’s strong bullish acceleration (the pair was up nearly 1.5% for the day on the biggest daily advance since 15 Nov 2018) fueled by rising fears of disorderly…
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Bulls are regaining traction and return above 200DMA (14.18) after two-day pullback (following double-rejection at 100DMA at 14.30), found footstep at 14.13 (just above Fibo 38.2% of 13.81/14.31 upleg). Signals from daily techs are still…
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The USDTRY holds in red for the fourth straight day and cracked key support at 5.5658 (200DMA) today. Lira advanced strongly after Turkey’s central bank surprised markets by 4.25% rate cut last week against expectations for 2.5% cut.…
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The pair eases on Tuesday, following re-peated rejection under key barriers at 108.92/99 (Fibo 38.2% of 112.40/106.78 / 10 July high), weighed by losses of GBPJPY which leads JPY gamma. Bulls face difficulties to progress within thick…
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Cable extends steep fall in early Tuesday’s trading to the lowest level since March 2017, in extension of Monday’s 1.28% fall (the biggest one-day loss since 15 Nov 2018). The pound collapsed after new PM Boris Johnson said that Britain…
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Bears cracked round-figure support at 0.6900 on Monday, in extension of steep fall last week, when the pair registered 1.85% weekly fall. Fresh weakness posted new five-week low, as the US dollar continued to rise on Monday and extended…
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