Windsor News & Research Blog - Forex & CFD Market Analysis

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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Cable regained traction and quickly recovered from half a cent dip on announcement of the day of Theresa May’s resignation and regained levels above 1.2700 handle. May’s announcement that she will resign as Prime Minister on 7 June opens a…
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The Euro extends recovery above 1.1200 barrier on Friday, following previous day’s strong bounce from new 2019 low at 1.1107 (vs previous at 1.1111, posted on 26 Apr). Bears faced strong headwinds here and subsequent bounce that left…
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Cable ticks higher in early Friday’s trading after bears faced headwinds at 1.2600 zone (Thu low at 1.2605) awaiting an announcement of PM May about the date of her departure. Thursday’s action ended in long-tailed Doji, signaling that…
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Almost three years after the United Kingdom voted to leave the European Union, the main questions when, how or even if the UK will leave the bloc, remain without answer. The Prime Minister Theresa May negotiated a deal with the…
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The Euro accelerated lower in early European trading on Thursday, pressured by central banks’ intervention in Asia. The single currency is at one month low after bears took out the last obstacle at 1.1147 (Fibo 76.4% of 1.1111/1.1264) and…
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