Windsor News & Research Blog - Forex & CFD Market Analysis

WTI oil maintains positive tone on Monday and hit new 2019 high at $55.65 (upper 20-d Bollinger band) on renewed probe through pivotal $55.55 barrier (Fibo 38.2% of Oct/Dec $76.88/$42.36 fall). Oil advanced 2.4% on Friday, boosted by…
Read More...

The pair extends recovery on Monday and pressures pivotal 110 barrier, as rebound after last week’s hammer reversal nearly fully retraced 110.00/108.49 pullback. Technical studies are bullishly aligned but may lack bullish momentum for…
Read More...

The Aussie dollar holds in red in early Monday’s trading, maintaining negative near-term tone after last week’s rejection at 200SMA (0.7293) and Friday’s bearish outside day which was negative signal. Downbeat Australian building approvals…
Read More...

The Euro started the week at the back foot, following strong upside rejections at 1.1500 zone in past three days, which signaled that bulls may be running out of steam. Pivotal support at 1.1428 (Fibo 38.2% of 1.1289/1.1514, reinforced by…
Read More...

The dollar rallies against yen in early hours of American session, boosted by overall positive US data released today. US NFP surprised on 304K new jobs added in Jan, nearly doubling forecast at 165K, but the sentiment was soured by strong…
Read More...

The pair holds within tight consolidation and awaiting US jobs data for fresh signals after pullback from 110 resistance zone showed initial signs of stall. Thursday’s strong downside rejection left daily hammer, suggesting that easing…
Read More...

Weaker than expected UK Manufacturing PMI (Jan 52.8 vs 53.5 f/c and 54.2 Dec) hurt sterling and sparked fresh weakness in early European trading on Friday, following strong upside rejection previous day. Bearish daily candle with long…
Read More...

The Euro is consolidating above broken former strong resistance, now support at 1.1429 (daily Kijun-sen / broken Fibo 50% of 1.1569/1.1289 / Fibo 38.2% of 1.1289/1.1514) in early Friday’s trading after strong five-day rally was strongly…
Read More...

The Aussie dollar stands at the back foot in early Friday’s trading and eases from two-month high at 0.7295, posted after strong bullish acceleration on Wed/Thu on dovish Fed. Weaker than expected China’s Manufacturing PMI (Jan 48.3 vs…
Read More...

WTI oil consolidates under new nine-week high at $54.91, posted on Wednesday, after oil extended gains on weaker dollar after dovish Fed. Eventual break above recent congestion to ($54.54) was initial signal that consolidative phase is…
Read More...