Windsor News & Research Blog - Forex & CFD Market Analysis

Recovery from new 3 ½ month low at 109.02 (13 May) faced strong headwinds from key barriers at 110.31 (daily cloud base / Fibo 38.2% of 112.40/109.02 descend) and showing initial signs of stall. Daily RSI turned sideways and stochastic…
Read More...

Cable consolidates above multi-month low at 1.2714 on Monday after suffering heavy losses last week. The pair was down 2.1% for the week, as bears were additionally boosted by collapse of Brexit talks between Tory and Labor party. Deeply…
Read More...

WTI oil opened with 25 pips gap higher on Monday and rallied to the highest level ($63.78) since 1 May, boosted by rising tensions in Persian Gulf and signals that OPEC+ group would probably maintain production cut. Though rhetoric from…
Read More...

The Australian dollar rallied in early Monday’s trading, boosted by unexpected election victory of country’s center-right coalition. The pair opened on Monday with gap-higher and advanced above 0.6900 barrier, recovering last week’s 1.8%…
Read More...

Disappointing news about the crash of Brexit talks between the UK’s two biggest political parties and rising pressure on PM May would step down, likely in June, further sores pound’s sentiment. Cable fell further on Friday and holding just…
Read More...

The Australian dollar extends steep fall of this week to new four and a half month low on Friday, weighed by increasing odds for rate cut as early as June and rising fears of escalation of US/China trade conflict. The pair is on track for…
Read More...

Downside risk increases as Euro extends weakness below trendline support (1.1180) and key Fibo point at 1.1169 (61.8% of 1.1111/1.1263), after double upside rejection at 30SMA (Wed / Thu). Weaker pound on fresh negative news regarding…
Read More...

Cable holds firmly in red and extends weakness close to key support at 1.2773 (Fibo 61.8% of 1.2397/1.3381) on Friday. The pair is on track for the second consecutive weekly close in red and the biggest one-week fall in two months that…
Read More...

The pair fell back to 109.50 zone (approx. the mid-point of this week’s range) on fresh safe-haven buying as markets fear an escalation of US/China trade tensions after China signaled a lack of interest in resuming trade talks with the US…
Read More...

The Aussie dollar bounces from new low at 0.6891 (the lowest since 3 Jan) in corrective action as daily stochastic reverses from oversold territory. Overall picture remains bearish on both, daily and weekly chart and favors further…
Read More...