Windsor News & Research Blog - Forex & CFD Market Analysis

The Australian dollar regained traction and bounced from near-term base at 0.6913, after weaker than expected Australian housing data had no negative impact. Near-term price action remains congested for the fourth straight day, limited…
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The pair ticks higher in early Thursday’s trading and probes above the ceiling of four-day congestion, after downside attempts were repeatedly rejected. Fresh attempts higher cracked 10SMA barrier (109.80) but so far unable to break…
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Bears are taking a breather and consolidating within narrow range in early Thursday’s trading, following three-day fall after upside rejection at 1.1215 and failure to close above falling 30SMA. Bearish momentum continues to strengthen on…
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Cable held within tight range in Asia on Thursday, consolidating after three-day fall and ahead of final attack at key 1.2605 support (23 May low). Overall sentiment remains bearish on rising fears of no-deal Brexit, as probability for…
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Copper price slumped on Wednesday (down 1.43% since Asian opening and ahead of US session). The metal extends weakness into second straight day on threats of escalation of US/China trade conflict that would hurt economic growth and reduced…
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WTI price fell nearly 2% in European session on Wednesday, after renewed fears on threats that ongoing trade conflict can escalate and affect global demand, prompted investors to sell the contract. Comments that Russia is studying…
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The pair stands at the back foot on Wednesday and probes again below 109.27 support (lows of Fri/Mon), after Tuesday’s tick below was short-lived. Downside pressure is maintained by full bearish setup of daily MA’s and thick weekly…
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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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