Windsor News & Research Blog - Forex & CFD Market Analysis

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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Cable remains in red on Wednesday and attacks again pivotal Fibo support at 1.3129 (38.2% of 1.2772/1.3349) despite Tuesday’s log-tailed Doji, formed after strong downside rejection at 1.3097 and subsequent bounce. The pound dipped after…
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The Aussie dollar fell to new two-month low at 0.7028 on Wednesday, pressured by disappointing economic growth figures of Q4 2018. Annual Australian GDP rose 2.3% in Q4 (at the slowest pace since mid-2017) falling below expectation for…
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The pair rose to session high at 112.03 in early US trading on Wednesday following stronger than expected US data. US services sector picked up in Feb (ISM Non-Manufacturing PMI rose to 59.7 after slowing down in Jan and beating forecast…
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Cable fell further on Tuesday as the sentiment soured by news that risk of no -deal Brexit returns to play. Top UK officials went to Brussels in last attempts to secure changes to PM May’s Brexit deal through the parliament and avoid…
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