Windsor News & Research Blog - Forex & CFD Market Analysis

WTI oil extends advance to new five-month high at $64.77 on Tuesday, additionally boosted by threats for further supply tightening on rising violence in Libya. Monday’s close above 55WMA ($62.82) was bullish signal, with today’s extension…
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The Aussie dollar extends advance on Tuesday, driven by weaker US dollar on fresh risk sentiment also supported by stronger that expected Australian data, released overnight. Monday’s eventual close above 55SMA (0.7117) which limited the…
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The pair extends pullback from 111.82 high on Tuesday, following bearish signal from Monday’s marginal close below 200SMA and formation of reversal pattern on daily chart. Repeated close below 200SMA is needed to confirm near-term…
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The Euro stood at the front foot in Asia on Tuesday, maintaining positive tone following Monday’s 0.4% advance that eventually broke and closed above significant barrier at 1.1246 (Fibo 23.6% of 1.1448/1.1183 fall). Fresh bulls pressure…
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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…
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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,…
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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…
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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…
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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…
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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…
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