Windsor News & Research Blog - Forex & CFD Market Analysis

The Aussie dollar is a tad higher in European trading on Friday dipping to 0.7003 low in Asia, driven by weak China’s data that further soured risk sentiment. The pair cracked Thursday’s low (0.7005) but faces strong headwinds from…
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The pair accelerated lower on Friday after downbeat China’s export data and significant narrowing of trade surplus revived worries of global growth slowdown and sparked fresh risk aversion. Fresh bears surged through strong support at…
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Cable consolidates above strong supports at 1.3050 zone (converged 20/30SMA’s) approached on Thursday’s bearish acceleration through pivotal 1.3129 Fibo support (38.2% of 1.2772/1.3349 rally) that resulted in daily fall of 0.65%.…
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The Euro trades near fresh multi-month low at 1.1176 (the lowest since June 2017), posted after strong fall on Thursday. Dovish tones from the ECB which delayed its first rate hike after crisis to 2020, cut economic forecast and…
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WTI oil price stands at the front foot on Thursday as sentiment improved and positive impact from OPEC production cut and sanctions on Venezuela and Iran offset negative effect from record US oil output and unexpected strong rise in crude…
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Cable trades within tight range in early Thursday, following two consecutive long-tailed Dojis (Wed/Tue) which signaled directionless near-term mode in absence of Brexit deal breakthrough. Traders eye 12 Mar parliamentary vote on PM May’s…
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The Euro holds in directionless mode for the second day, awaiting release of ECB’s policy review, due later today. The single currency turned neutral on Wednesday and daily action ended in long-legged Doji, signaling indecision and looking…
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WTI oil price dipped to $55.80 on Wednesday, following double rejection at $57 zone on Mon/Tue, pressured by unexpected rise in US crude stocks (API report on Tuesday showed build of 7.9 mln bls compared to last week’s 4.2 mln bls draw) and…
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The pair shows strong hesitation at 112 barrier, following the third straight failure to close above here, but the price remains within tight range (111.64/112.13), keeping the downside limited. Extended consolidation is likely to precede…
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The Euro probes again below cracked pivotal support at 1.1305 (Fibo 61.8% of 1.1234/1.1419) after strong fall in past three days dipped to 1.1289 but failed to close below 1.1305 in first attempt. Bearish daily techs and stronger dollar…
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