Windsor News & Research Blog - Forex & CFD Market Analysis

The Turkish lira rose slightly on Tuesday, lifted by better than expected Turkish Industrial Production (Feb -5.1% vs -6.5% f/c and -7.4% prev). The USDTRY bulls may take a breather as overextended studies suggest adjustment (momentum…
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Cable remains under daily cloud top (currently at 1.3108) following mild reaction on UK jobs data. Unemployment remains unchanged in Feb (3.9%), employment in three months to Feb came slightly above expectations (179K vs 173K f/c) but…
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The Euro remains bid and probes again through daily cloud base (currently at 1.1308) following repeated failure to penetrate cloud in past two days, with action being capped by falling 55SMA. Rising bullish momentum supports the action but…
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The Aussie dollar fell 0.38% in Asian session on Tuesday, following release of minutes of RBA’s April meeting. Dovish tone from the central bank, which left the door open for rate cut if inflation remains low and slowdown in GDP offsets…
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The Dow Jones eases from marginally higher one-week high at 26474 on Monday, as mixed bank earnings soured the sentiment. Signals that earnings season will disappoint came from weaker than expected earnings results for Goldman Sachs, Citi…
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WTI oil price extends pullback from new five-month high at $64.77 on Monday, driven by negative technical signals as well as revived concerns about global supply. Initial signals of pullback on overbought conditions and stochastics’ / RSI…
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The pair holds bullish tone on Monday, boosted by fresh risk mode and focuses 2019 high (112.13). Bulls attempt to clearly break 200WMA (111.97) that would generate positive signal for extension of recovery leg from 104.59 (30 Dec spike…
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Cable ticked higher on Monday but remains directionless and in range trading that extends into sixth straight day. Near-term action remains capped by daily cloud top (1.3115) which marks key resistance along with Fibo barrier at 1.3131…
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The Turkish lira remains under strong pressure as USDTRY continues to trend higher and look for retest of key short-term resistance at 5.8410 (22 Mar high). Downbeat Turkey’s jobs data, released today (unemployment rose to 14.7% in…
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The Euro maintains bid tone at the beginning of the week which will be shortened for holiday and probes again through important barrier at 1.1316 (daily cloud base / 55SMA / 50% retracement of 1.1448/1.1183 bear-leg), which was cracked on…
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