Windsor News & Research Blog - Forex & CFD Market Analysis

Cable extends weakness in early Wednesday’s trading to the lowest in almost one week and focuses key support at 1.2605 (23 May low) the lowest in nearly five months. Near-term structure turned negative after brief recovery was capped by…
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The Euro holds in red for the third straight day and extends weakness from 1.1215 lower top (27 May) to new one-week low in early Wednesday’s trading. Stronger dollar on renewed risk aversion and uncertainty over EU’s economic and…
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Recovery from the bottom of steep three-day fall at $57.32, is running out of steam, as Tuesday’s action holds in red and is capped by falling 5SMA ($59.32). Oil price bounced after last week’s steep fall was contained by Fibo support at…
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The pair holds in red on Tuesday and pressures lows of past two days (109.27) maintaining bearish near-term bias which was interrupted by brief recovery on Monday. Bearish daily techs and last Thursday’s long red daily candle (the…
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The Australian dollar was slightly bid in Asia on Tuesday, but quick fall in Europe pressures Monday’s low at 0.6913 (also broken Fibo 23.6% of 0.7068/0.6864). Recovery from 0.6864 base (lows of 17/23 May) showed initial signs of stall on…
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The Euro extends lower and cracks pivotal support at 1.1175 (Fibo 38.2% of 1.1107/1.1215/ 10SMA) after recovery rally from 1.1107 low stalled, following repeated failure to clear 1.1200 barrier. Initial bearish signal was generated on…
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Cable stands at the back foot in early Tuesday’s trading after recovery attempts were capped by falling 10SMA / Fibo barrier and subsequent easing resulted in daily close in red and below falling 5SMA that added to negative signals.…
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The cross regained traction and bounced from strong support at 0.8790 (200SMA / broken Fibo 50% of 0.9113/0.8471), which contained brief pullback from new 5 ½ month high at 0.8850, posted last Friday. Sterling took a breather after steep…
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Recovery from new multi-month low at 1.2605 is running out of steam as attempts to extend higher, stalled at 1.2947 in early Asian trading on Monday, unable to break above Fibo 23.6% of 1.3179/1.2605 / falling 10 SMA (1.2940/41). Bulls are…
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The Euro eases in early European trading on Monday and cracks 1.1200 support after hitting new, marginally higher 1 ½ week high at 1.1215 in Asia, but still holds firm tone following last week’s strong downside rejection and subsequent…
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