Windsor News & Research Blog - Forex & CFD Market Analysis

The pair holds in a choppy mode and lacks direction, after recovery attempt from two-month low at 5.1595 (31 Jan) was rejected and Monday’s trading closed below initial resistance at 5.2235 (falling 5SMA). Tuesday’s action showed strong…
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Cable cracked 1.30 support in extension of weakness after lower than expected UK service sector PMI in Jan, released earlier today. Downside pressure increased after Monday’s close below 200SMA and sustained break below 1.30 and rising…
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WTI oil holds near new 2019 high, maintaining positive tone despite the double rejection at strong Fibo barrier at $55.55 (38.2% of $76.88/$42.36 fall). Hopes for further tightening in global oil market keep oil prices supported, with US…
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The pair maintains positive tone on Tuesday and holds near strong 110.00 barrier, but so far without clear break higher, despite Monday’s spike to 110.16 (new 2019 high). Lower volumes in Asia due to holidays slowed the activity, with lack…
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Cable holds in red for the fourth straight day and pressures psychological 1.30 support after bearish signal was generated on eventual break and close below key 200SMA support (1.3041) on Monday, as well as completion of failure swing…
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The Euro accelerated lower in early European trading after quiet mode in holiday impacted Asia, keeping in red for the second day. Mixed results from EU members Services PMI in Jan made little impact on the pair’s performance. Break below…
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The Aussie dollar bounced after brief test of strong support provided by daily cloud top (0.7205) boosted by less dovish than expected RBA. The central bank left interest rates unchanged as expected in the first meeting 2019, but sounded…
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Cable remains in red for the third straight day and retests key 200SMA support (1.3045) on Monday, after downbeat UK construction PMI (Jan 50.6, the lowest in 10 months vs 52.4 f/c), further weakened negative near-term sentiment.…
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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…
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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…
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