Windsor News & Research Blog - Forex & CFD Market Analysis

Cable remain bid in early Thursday’s trading and pressuring again 1.32 barrier after action in Wednesday failed to break higher. Britain’s parliament passed a Brexit delay law on Wednesday that will give government an extra time to…
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Brent oil approached psychological $70 barrier on Wednesday in extension of rally from $65.93 (28 Mar spike low) that broke through another significant obstacle at $69.70, marked by 200SMA. Oil prices maintain bullish tone on positive…
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The Euro bounces from multi-week low at 1.1183 after strong bears stalled just ahead of key supports at 1.1186/76, boosted by strong EU data (Services PMI Mar 53.3 vs 52.7 f/c; Retail Sales Feb 2.8% y/y vs 2.3% f/c; 2.2% prev). Stronger…
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The Aussie dollar rallied strongly in Asian session on Wednesday, boosted by upbeat data (Australia’s retails sales Feb 0.8% vs 0.3% f/c and trade surplus widened in Feb to 4.80bn A$ from 4.35 bn A$ in Jan). Better than expected China’s…
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Cable extends recovery close to 1.32 barrier on Wednesday, driven by renewed hopes from PM May’s attempts to break Brexit deadlock. May will meet opposition leader Corbyn today in attempts to reach agreement between two parties that would…
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The USDTRY bounces above cracked key supports (daily cloud top / 200SMA) on Tuesday, remaining in volatile post-election mode and still without clear direction. The pair attempts to stabilize after roller-coaster run in past two…
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Sterling remains firmly in red ahead of start of the US session on Tuesday and extends weakness closer to psychological / trendline / Fibo supports at 1.30 zone. Rising fears of no deal Brexit continue to weigh on the pound, after PM May’s…
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WTI oil rose to new nearly five-month high above $62 on Tuesday, in extension of Monday’s 2.7% rally (the second biggest one-day gains in 2019). Oil prices rallied on stronger than expected Chinese Manufacturing data on Monday that offset…
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The Aussie dollar fell sharply on Tuesday and tested the levels that mark the floor of two-week congestion (0.7064), after Reserve Bank of Australia published its statement following policy meeting. The central bank left interest rate…
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The Euro holds in red for the sixth straight day on Tuesday and focusing key support at 1.1186/76 (Fibo 61.8% of 2017/2018 1.0340/1.2553 ascend/ 2019 low posted on 7 Mar). Strong bearish signals were generated on multiple close below…
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