Windsor News & Research Blog - Forex & CFD Market Analysis

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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Sterling continues to spiral down and hit new lowest levels since early Jan, as political turmoil in the UK intensifies and fears of no-deal Brexit rise that overshadows EU elections Prime Minister Theresa May is under strong pressure to…
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Better than expected Canada’s retail sales (Mar 1.1% vs 1.0% f/c / Core 1.7% vs 0.9% f/c) pushed loonie to new one-month high at 1.3357. USDCAD’s fresh bearish acceleration broke through 55SMA support (1.3394), former lows (1.3380/76) and…
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The Euro ticks higher in European trading on Wednesday, supported by rising momentum and daily stochastic reversing from oversold territory. Tuesday’s long-legged Doji suggests that the bear-leg from 1.1263 (13 May spike high / strong…
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