Windsor News & Research Blog - Forex & CFD Market Analysis

The pair dipped on Wednesday, extending bearish acceleration from the previous day, after bulls were trapped above daily cloud top. Upbeat Canada’s inflation data (May CPI y/y 2.4% vs 2.1% f/c; 2.0% prev) showed the highest levels in seven…
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WTI oil maintains positive tone on Wednesday, following previous day’s 4% rally sparked by fresh hopes of US/China trade deal. Positive signal was also boosted by draw in US crude inventories (API report on Tuesday showed draw of 0.8 mln…
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The Euro is holding within consolidation range just above new two-week low at 1.1181, posted after dovish comments from ECB President Draghi and downbeat German ZEW data. Tuesday’s close below the base of thick daily cloud was negative…
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Cable is trading within narrow range in early European session and awaiting release of UK inflation data which are expected to provide fresh signal. The pair was so far unable to benefit from Tuesday’s bullish close (the first after five…
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WTI oil price holds within narrow range on Tuesday and remains below 10SMA, which capped the action in past four days, maintaining bearish near-term bias. Fundamentals remain unchanged, with rising concerns over global economy slowdown…
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The Euro fell sharply (making the biggest hourly drop in 1 ½ month) and hit new two-week lows as comments from ECB President Draghi disappointed traders. Draghi pointed to weakness in coming quarters, signaling that fresh stimulus would be…
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The Australian dollar hit new 6 ½ month low against the US dollar on Tuesday, extending fall from 0.7022 high into seventh straight day. Weak Australian housing data, released overnight and more important comments from RBA, which…
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Cable remains in red and extends weakness into fifth straight day on Tuesday, hitting the lowest levels since 03 Jan. Pound is weighed down by fears of no-deal Brexit, as Boris Johnson remains favorite candidate to succeed Theresa May as…
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The Euro stands at the front foot in early Tuesday’s trading and pressures initial barriers at 1.1246/47 (falling 5SMA / Monday’s high). The pair is attempting to form a base at key supports at 1.1208/04 (daily cloud base / Fibo 61.8% of…
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The cross accelerated higher on Monday and probes through key barrier at 0.8932 (11 June high, the highest since mid-Jan), signaling an end of shallow 0.8932/0.8871 correction, which was contained by rising 10SMA. Bulls enter seventh…
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