Windsor News & Research Blog - Forex & CFD Market Analysis

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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The pair returned to strength and rallied back above 200SMA on Thursday, extending recovery into second straight day, following strong fall on Mon/Tue, when it was down 6.5%. Turkish central bank took a number of ‘back door’ steps in order…
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Cable remains in red in early European session on Thursday, following previous day’s strong upside rejection and subsequent fall that resulted in bearish daily close after two consecutive Dojis. Fresh weakness broke below three-day…
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Cable stands at the front foot at the beginning of US session on Wednesday and rises above 10SMA (1.3220) in attempts to eventually register clear break, after upticks in past four days repeatedly failed to close above the moving…
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The Aussie dollar returns below 0.7100 handle on Wednesday, hit by dovish shift of RBNZ. Fresh weakness fully reversed previous day’s rally and retraced over 61.8% of two-day 0.7065/0.7147 rally. Bullish signal on Tuesday’s…
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