Windsor News & Research Blog - Forex & CFD Market Analysis

The Aussie fell to 0.6967 in Asia as comments from President Trump, who said that China broke the deal in trade talks with the US and may face high tariffs if no agreement is reached, further soured risk sentiment. Strong upside rejection…
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Copper price falls further on Wednesday and probes through key 200SMA support ($2.7741), which held the action of past four days. The metal trades within larger downtrend from $2.9933 (17 Apr high) which so far retraced 50% of…
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Spot gold remains steady and holding just under new three-week high at $1291, supported by renewed risk-off sentiment over concerns about potential escalation of US/China trade conflict. Today’s comment from officials that the US will…
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WTI oil eases after recovery attempts in Asian / European session stalled at $62 zone, keeping the action in red for the second straight day, despite threats of escalation of the situation about Iran’s nuclear deal, as concerns over…
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Cable remains in red for the third straight day and extends weakness below daily cloud, following bearish signal that was generated on Tuesday marginal close below cloud base. More negative impact can be expected on expected on lack of…
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The pair consolidates above new six-week low at 109.90, posted in extension of strong fall on Tuesday (0.45%), but remains firmly in red, following strong bearish signal, generated on Tuesday’s close below important supports at 110.34/31…
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The Kiwi dollar fell to new six-month low at 0.6525 on Wednesday after the New Zealand central bank (RBNZ) cut interest rates by 25 basis points to fresh record low at 1.5% and hinted one more rate cut this year. Spike to new low was…
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The Euro stands at the back foot at the beginning of US trading on Tuesday, as the weakness started in early European session on weaker than expected German data and accelerated after the European Commission in its report, downgraded…
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WTI oil holds in narrow range directionless mode on Tuesday, following Monday’s strong rejection at converged 200/55SMA’s ($60.64/49) and repeated failures to close below cracked Fibo pivot at $61.40 (61.8% of $58.20/$66.58 upleg). This…
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Turkish lira fell further on Tuesday and hit new 2019 low against the dollar, trading at the lowest since early Oct 2018. Lira was down 3.5% since Monday’s opening, with fresh selling being sparked by decision of Turkey’s election board to…
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