Windsor News & Research Blog - Forex & CFD Market Analysis

The pair holds within a narrow range on Friday, extending directionless mode into third straight day. Bulls struggle at 111 resistance zone, which guards more significant 200SMA (111.30), break of which would generate bullish signal for…
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Strong indecision, signaled by Wednesday’s spinning top and subsequent Doji on Thursday, so far did not result in more significant weakness, as dips hold above broken 100SMA (1.3000). Near-term price action remains supported by…
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The Euro holds at familiar levels and trading around the mid-point of past two days range (1.1320/71) in early European trading on Friday. Double-Doji on Wed/Thu signals strong indecision as recovery attempts repeatedly failed to close…
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The Australian dollar bounces from one-week low at 0.7070 in early Friday’s trading, after 1% fall on Thursday. The Aussie was hit by China’s Dalian port to ban coal imports from Australia, with focus turning towards further steps of…
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Copper price eases from new seven-month high at $2.9235, posted on Wednesday, as dollar firmed after Fed minutes on revived hopes of possible rate hike in 2019. Profit taking after steep four-day rally and overbought daily studies could…
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WTI oil consolidates below new 2019 high ($57.58) on Thursday, after Wednesday’s advance eventually broke above falling 100SMA ($56.74) which obstructed bulls in past two days. Prevailing bullish sentiment was boosted by fresh optimism…
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Cable remains constructive on Thursday and holding above broken Fibo barrier at 1.3047 (Fibo 61.7% of 1.3217/1.2772) but Wednesday’s Doji with long shadows which formed spinning top, signaled indecision and warns about possible reversal.…
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The Australian dollar holds in red in early European trading on Thursday, following strong fall in Asia that turned near-term bias to bearish mode. Stronger Australian jobs data initially boosted the pair to new two-week high at 0.7207 but…
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The Euro regained traction and bounced in early European trading on Monday, retracing the biggest part of post-Fed minutes fall. Better than expected French PMI data boosted the single currency, while mixed German PMI’s (Manufacturing Feb…
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WTI oil price holds in red and eases from 2019 high after bulls faced triple rejection at falling 100SMA. Corrective easing could be anticipated as daily slow stochastic reverses in deep overbought zone and momentum turned in neutral mode.…
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