Windsor News & Research Blog - Forex & CFD Market Analysis

WTI oil price hit new 2019 high at $63.51 on Monday (also highest since early Nov 2018), in extension of last Friday’s strong bullish acceleration and previous week’s 5.2% rally. OPEC+ group’s production cut and US sanctions against Iran…
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The pair holds in red at the start of the week and probes back below 200SMA, as dollar eased after US jobs data showed employment increased but wage growth lose momentum. Overbought conditions suggest corrective action, as slow…
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The Euro ticks higher in early Monday’s trading but remains within choppy range that extends into fourth straight day. Recovery attempts following last week’s hammer candle (2 Apr) were so far unable to clearly break initial barrier at…
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Weaker dollar pushed sterling from one-week low in Asian trading on Monday, but recovery attempts from one-week low at 1.2986 (Friday) following two-day 1% fall, are likely to be limited. Friday’s bearish close within daily cloud (after…
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The pair rallied to one-week high at 1.3402 after US / Canada jobs data, but fresh bulls were so war unable to hold high levels Impact from stronger than expected NFP (Mar 196K vs 175K f/c / 20K Feb) was partially offset by slowdown in…
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Cable moves higher in early Friday’s trading following previous day’s 0.65% fall. Lack of agreement in PM May’s talks with opposition frustrated bulls which repeatedly failed to close above converged 20/30SMA (1.3166/69) as rallies stalled…
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WTI oil price eases further from new five-month high at $62.96 as bulls were hit by surprise build in US crude inventories (EIA report on Wednesday showed build of 7.2 mln bls vs forecasted draw of 0.4 mln bls and previous week’s…
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The pair maintains bullish bias but faces strong headwinds from 200SMA (111.47), as upside attempts stay capped here for the fourth straight dat. Wednesday’s marginal close above 200SMA (1 pip) was minor positive signal, as bulls see no…
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The Aussie dollar eases to 0.7100 zone following little benefit from renewed risk mode on signs of progress of US/China trade talks, as upside attempts were capped for the third consecutive day at 0.7130 zone and repeatedly failed to…
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The Euro remains constructive in early Thursday’s trading but so far unable clear initial barrier at 1.1246 (falling 10SMA / Fibo 23.6% of 1.1448/1.1183 fall) that keeps risk of recovery stall in play. Tuesday’s hammer candle is supportive…
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