Windsor News & Research Blog - Forex & CFD Market Analysis

WTI oil price fell below $63 handle on Thursday, pressuring strong supports at $62.81/76 (rising 30SMA / Wednesday’s low), weighed by record US crude production that resulted in strong rise in US crude inventories (EIA report on Wednesday…
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Cable regained traction and heads higher after post-Fed dip was short-lived as the action on Wednesday remained within daily cloud, with cloud base (1.3032) marking solid support. Fresh advance probes again above 30SMA and Fibo 61.8%…
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The pair stands at the front foot and probes above pivotal 200SMA (111.50) as steady Fed boosted dollar and near-term bears were strongly rejected at 111.05 on Wednesday. Subsequent bounce formed bear trap pattern that signals further…
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The Euro holds within narrow consolidation in early Thursday’s trading following strong post-Fed dip on Wednesday. The US central bank kept steady course, disappointing those who expected dovish steer, as initial signal on downgraded…
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The Euro advanced further and cracked pivotal barrier at 1.1242 (Fibo 61.8% of 1.1323/1.1111 / falling 30SMA) as dollar was hurt by downbeat US data (Manufacturing PMI Apr 52.8 vs 55 f/c; Construction spending Mar -0.9% vs 0.3% f/c) which…
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WTI oil price holds steady on Wednesday, following strong upside rejection on Tuesday and subsequent fall that was accelerated by strong build in US crude stocks (API report showed 6.8 mln bls build vs expected rise of 1.5 mln bls). On the…
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The Aussie dollar holds in quite mode ahead of Fed’s decision today, after Tuesday’s long-legged bearish daily candle signaled that three-day recovery from 0.6982 low might be running out of steam. Recovery action show hesitation…
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The USDJPY pair holds in narrow consolidation between key points at 111.50 (200SMA) and 111.37 (Fibo 38.2% of 109.71/112.40, reinforced by 30SMA) in Europe on Wednesday. Tuesday’s eventual close below 200SMA was strong negative signal…
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The Euro holds in green for the fourth straight day and extends advance in early Wednesday’s trading, maintaining positive tone from Tuesday’s better than expected EU GDP data. Series of data from the US today and key event – Fed rate…
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Cable maintains positive tone and extends advance in early European session trading on Wednesday, following Tuesday’s 0.76% rally which penetrated and closed within thick daily cloud (cloud base lays at 1.3024). Fresh bulls, boosted by…
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