Windsor News & Research Blog - Forex & CFD Market Analysis

The Euro stands at the back foot in early Friday’s trading and eased to session low at 1.1353, on probe below 30SMA support at 1.1361, which held the action in past two days. Stronger dollar on upbeat US GDP data increased pressure on…
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The Australian dollar consolidates after strong sell-off previous day, as renewed concerns over US/China trade talks soured sentiment. Wednesday’s bearish outside day weighs, but fresh weakness found footstep at 50% retracement of…
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The pair returned to directionless mode after short-lived dip to 110.35 on Wednesday, inspired by increased safe-haven demand, which started to fade. Dip was contained by rising 20SMA, keeping near-term price action congested between 20…
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The Euro maintains bullish bias and consolidates under daily cloud, despite repeated failure to clearly penetrate cloud (Wed/Tue). Bulls repeatedly failed to close above barriers at 1.1389/92 (100SMA / daily cloud base) and attack pivotal…
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Cable eases from new 2019 high at 1.3349 (the highest since 9 July) on Thursday, signaling adjustment, as traders take profit after strong rally in past two days. Daily 14-d momentum crests and RSI / Stochastic start to turn lower,…
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The cross accelerated lower on Wednesday and broke below the floor of Oct 2017/Jan 2019 range, to hit the lowest levels since May 2017. Extension of larger downtrend from 0.9113 (range top) cracked support at 0.8547 (Fibo 76.4% of…
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Cable dented target at 1.3315 (FE100% of wave C from 1.2968) and posted new 2019 high at 1.3336 (the highest since 9 July 2018) on Wednesday, in extension of previous day’s strong rally. Fading risk of no-deal Brexit and signals for short…
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WTI oil extends recovery on Wednesday, as negative tone from President Trump’s warning to OPEC about high oil prices, fades. Fresh extension higher retraced slightly over 61.8% of $57.79/$55.01 after strong fall on Monday (oil price was…
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The Euro maintains positive tone and probes again into daily cloud, after cloud base was cracked on Tuesday’s strong rally, which confirmed break out of four-day congestion and signaled continuation of recovery leg from 1.1234 (15 Feb low).…
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The Australian dollar holds in red on Wednesday as three-day rally faced again strong headwinds from pivotal 0.72 resistance zone (Fibo 61.8% of 0.7295/0.7054) where recovery already stalled last week. Downbeat Australian construction data…
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