Windsor News & Research Blog - Forex & CFD Market Analysis

Cable remains constructive and extended recovery in early Tuesday’s trading, but bulls were so far capped by 55SMA (1.3094), which guards more significant daily cloud top (1.3110) and Fibo 38.2% of 1.3381/1.2977 (1.3131). Technical studies…
Read More...

The USDTRY rallied on Monday too new two-week high, signaling eventual break above strong Fibo barrier at 5.6354 (61.8% of 5.8410/5.3026), below which the action was congested for over one week, unable to clearly break higher,…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...