Windsor News & Research Blog - Forex & CFD Market Analysis

Uncertainty over the fate of OPEC+ group production cut deal weighed on oil prices on Monday, after the group reached general consensus over extending the deal which expires at the end of June, but Russia casted doubts over the models of…
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The pair holds in narrow consolidation above new two-week low as bears take a breather after 07% fall last week. Slight positive tone was boosted by weaker than expected US data on Monday, along with oversold daily stochastic and…
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Recovery from new 3 ½ month low at 109.02 (13 May) faced strong headwinds from key barriers at 110.31 (daily cloud base / Fibo 38.2% of 112.40/109.02 descend) and showing initial signs of stall. Daily RSI turned sideways and stochastic…
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Cable consolidates above multi-month low at 1.2714 on Monday after suffering heavy losses last week. The pair was down 2.1% for the week, as bears were additionally boosted by collapse of Brexit talks between Tory and Labor party. Deeply…
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WTI oil opened with 25 pips gap higher on Monday and rallied to the highest level ($63.78) since 1 May, boosted by rising tensions in Persian Gulf and signals that OPEC+ group would probably maintain production cut. Though rhetoric from…
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The Australian dollar rallied in early Monday’s trading, boosted by unexpected election victory of country’s center-right coalition. The pair opened on Monday with gap-higher and advanced above 0.6900 barrier, recovering last week’s 1.8%…
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Disappointing news about the crash of Brexit talks between the UK’s two biggest political parties and rising pressure on PM May would step down, likely in June, further sores pound’s sentiment. Cable fell further on Friday and holding just…
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The Australian dollar extends steep fall of this week to new four and a half month low on Friday, weighed by increasing odds for rate cut as early as June and rising fears of escalation of US/China trade conflict. The pair is on track for…
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Downside risk increases as Euro extends weakness below trendline support (1.1180) and key Fibo point at 1.1169 (61.8% of 1.1111/1.1263), after double upside rejection at 30SMA (Wed / Thu). Weaker pound on fresh negative news regarding…
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Cable holds firmly in red and extends weakness close to key support at 1.2773 (Fibo 61.8% of 1.2397/1.3381) on Friday. The pair is on track for the second consecutive weekly close in red and the biggest one-week fall in two months that…
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