Windsor News & Research Blog - Forex & CFD Market Analysis

The Aussie dollar extends recovery above 0.71 handle on Monday, boosted by renewed risk appetite. Recovery emerged from solid Fibo support at 0.7066 on Friday, where two-day fall bottomed. Overall tone is still neutral as the price action…
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Deeply oversold stochastic signals adjustment after last week’s strong fall, but overall structure remains negative. Strengthening bearish momentum and double close below pivotal Fibo support at 1.1240 (76.4% of 1.1176/1.1448) add to…
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Cable bounces in early Monday’s trading after strong fall in past three days were contained by 200SMA / bull-channel support line and stalled just ahead thick rising daily cloud top. Friday’s long-legged Doji signaled indecision ahead of…
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Cable collapsed below 1.30 on Friday and cracked key supports (200SMA / bull-channel support trendline and also pressured the top of thick daily cloud) after UK parliament rejected PM May’s deal for the third time. Lawmakers voted 344…
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WTI oil price regained traction and hit new 2019 high at $60.71 on Friday, following short-lived dip to $58.20 on Thursday, pressured by repeated comment from the US President Trump about too high oil prices. Market resisted the attack…
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The pair fell sharply on announcement of upbeat Canada’s GDP (Jan 0.3% m/m vs 0.1% f/c and -0.1% prev) while US personal income and spending fell below expectations in Jan. Canadian dollar was inflated by stronger than expected data while…
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The Euro holds firmly in red for the fourth straight day and extends weakness, after fresh bearish signal was generated on Thursday’s close below 1.1240 (Fibo 76.4% of 1.1176/1.1448) the last obstacle en-route to 1.1176 (2019). The pair is…
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Cable hit new nearly three-week low at 1.3010 in fresh bearish acceleration in early European trading on Friday, in extension of Thursday’s 1% fall. Eventual break of three-day congestion and strong fall that resulted in close…
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WTI oil price remains in red on Thursday and extends weakness into a second day after being hit EIA surprise rise in US crude inventories (EIA report showed2.8 mln bls build vs 1.1 mln bls draw f/c). The price remains holds two-week range…
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The Euro consolidates above cracked Fibo support at 1.1240 (76.4% of 1.1176/1.1448) in European session on Thursday after bears extended to new low at 1.1234 (the lowest since 11 Mar). Bears may take a breather on deeply oversold…
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