Windsor News & Research Blog - Forex & CFD Market Analysis

WTI oil started week in negative mode after Friday’s report showed increase of numbers of US oil rigs which adds to existing concerns over global growth slowdown and oversupply. However, the downside attempts were so far limited by rising…
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The Aussie holds within tight range and directionless mode, just above pivotal support at 0.7070 (Fibo 38.2% of 0.6706/0.7295 rally) which was cracked on Friday. Slight bid tone in early Monday is marked by rising momentum and stochastic…
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Fresh bulls, underpinned by rally in JPY crosses probe again through key barriers at 110.00/22 zone (psychological / weekly cloud top / previous upside rejections / Fibo 61.8% of 113.70/104.59) on Monday. Stronger dollar across the board…
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The Euro maintains bearish bias at the beginning of the week and holding below broken 200WMA (1.1334) as last Friday’s close below here generated bearish signal, as the moving average limited downside attempts in more than one year and…
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Cable moved lower in early European trading on Monday after quiet narrow range action in Asia. Fresh weakness pressures again pivotal 1.29 support zone (Fibo 38.2% of 1.2397/1.3217 / 30SMA / 100SMA) which was cracked last week, but without…
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Spot gold holds positive tone for the second day as week-long dollar’s rally is losing traction and may take a breather on overbought conditions. Recovery extension hit high at $1315, retracing 50% of $1326/$1302 pullback and signaling…
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The pair accelerated lower on Friday following double upside rejection at strong barriers provided by the base of thick daily cloud and 55SMA (1.3317/32). Better than expected Canada’s Jan housing / labor data added to loonie’s fresh…
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WTI oil ticked lower on Friday but holds above Thursday’s low at $51.78, posted after nearly 2.5% daily fall. Oil remains at the back foot following double-failure at pivotal $55.55 Fibo barrier (38.2% retracement of $76.88/$42.36…
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The Aussie dollar remains in red and extends weakness in early Friday to crack pivotal supports at 0.7075/70 (25 Jan trough / Fibo 38.2% retracement of 0.6706/0.7295). Long bearish daily candle on Wednesday continues to weigh and keep the…
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The Euro resumes lower and hits new lowest levels since 25 Jan in early European trading on Friday, after being entrenched within tight range in Asia. Overall picture remains firmly bearish as increased safe-haven demand on global growth…
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