Windsor News & Research Blog - Forex & CFD Market Analysis

Cable remains in red and extends weakness into fifth straight day on Tuesday, hitting the lowest levels since 03 Jan. Pound is weighed down by fears of no-deal Brexit, as Boris Johnson remains favorite candidate to succeed Theresa May as…
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The Euro stands at the front foot in early Tuesday’s trading and pressures initial barriers at 1.1246/47 (falling 5SMA / Monday’s high). The pair is attempting to form a base at key supports at 1.1208/04 (daily cloud base / Fibo 61.8% of…
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The cross accelerated higher on Monday and probes through key barrier at 0.8932 (11 June high, the highest since mid-Jan), signaling an end of shallow 0.8932/0.8871 correction, which was contained by rising 10SMA. Bulls enter seventh…
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Fresh easing of the US dollar in early US trading on Monday, obstructs again attempts to eventually break above multi-day congestion. Fresh bulls from last Friday’s rally, which generated positive signal on bullish outside day, are still…
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WTI oil price was a tad lower in Europe on Monday after advancing last Thu/Fri on rising tensions in the Middle East after two tankers were attacked in Gulf. Overall structure remains bearish as fears of lower global demand on persisting…
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Cable is holding in narrow consolidation above 31 May low at 1.2559 on Monday, following strong bearish acceleration on Friday, sparked by solid US data. Consolidation may extend on oversold conditions, but overall picture remains negative…
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The Euro is holding near two-week lows and pressuring key supports at 1.1200 zone in early Europe on Monday, following strong fall on Friday after upbeat US data inflated dollar. Friday’s break below converged 55/20/30SMA’s and marginal…
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The Euro accelerated lower after Strong US retail sales (May 0.5% vs Apr 0.3%, revised upward from -0.2%) inflated dollar and reduced greatly probability of rate cut on FOMC policy meeting next week. Fresh weakness surged through Fibo…
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The Australian dollar extends steep five-day fall and probes below 0.6900 handle on Friday, pressured by fears of another RBA rate cut next month. Weaker than expected Chinese IP added to negative outlook, as markets await for release of…
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The pair holds in red in European trading on Friday and maintaining negative near-term bias after Mon/Tue bull-trap. Rising bearish momentum and daily MA’s  in negative setup, support scenario as fresh weakness repeatedly probed below…
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