Windsor News & Research Blog - Forex & CFD Market Analysis

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…
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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…
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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…
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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…
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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…
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Cable is consolidating under new recovery high at 1.2558, posted after Thursday’s nearly 1% advance (the biggest one-day rally since 3 May). Upbeat UK retail sales inflated pound with further acceleration higher being sparked by dovish Fed…
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The Euro stays bid and holding under session high at 1.1281 in early European trading after overnight’s dip was contained by converged 10/55 DMA’s / daily cloud top (1.1242). The single currency rallied strongly in late Thursday on dovish…
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The cross dips below 0.90 handle (reinforced by rising 10DMA) as pound was inflated by strong UK retail sales data and the single currency got hurt by renewed political turmoil in Italy. Bulls also showed signs of stall on Wednesday’s Doji…
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WTI oil price bounced from new two-week low at $56.20 on Thursday, boosted by renewed tensions in the Persian Gulf after Iran seized a foreign tanker in the strait of Hormuz. Oil price was down nearly $5 in past few sessions, following…
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Cable accelerated higher on Thursday, extending recovery off new 27-month low at 1.2382, boosted by stronger than expected UK retail sales data. Retail sales were up 1% in June, beating forecast of -0.3%, while annualized figure was up…
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