Windsor News & Research Blog - Forex & CFD Market Analysis

Cable eased to 1.3027 in early European trading on Thursday after two-day over 1.5% advance failed to clear 200SMA (1.3078) on first attempt. Traders took some profits on longs from daily cloud top, but bullish bias remains strong and sees…
Read More...

The Aussie fell sharply in Asia on Thursday following short-lived advance to 0.7166 on better than expected Australian jobs data, coming under increased pressure after NAB raised domestic mortgage rates. Fresh bearish acceleration broke…
Read More...

Cable is comfortable above 1.30 barrier that was eventually taken out today after last week’s double rejection and subsequent corrective dip. Improved sentiment on announced Brexit amendments (which still need to be passed) inflated pound…
Read More...

The pair eases on Wednesday after two-day advance faced strong headwinds from pivotal Fibo barrier at 1.3365 (38.2% of 1.3664/1.3179 descend) reinforced by falling 20 SMA (currently at 1.3375). Recovery leg from 1.3179 (9 Jan…
Read More...

The pair trades within narrow range for the fifth straight day, with the upside being capped by a cluster of converged daily MA’s while the downside was protected by daily cloud top in past few sessions. The action could be seen as…
Read More...

The cross holds in red for the third straight day and extends below pivotal supports at 0.8760 zone base (also Fibo 76.4% of 0.8656/0.9113 advance, to post new nine-week low (0.8749). Sterling remains supported by fresh steer in Brexit…
Read More...

Cable remains firm and consolidating within tight range in early Wednesday’s trading, following Tuesday’s advance on better than expected earnings data that revived hopes of possible BoE rate hike. Technical studies on daily chart remain…
Read More...

The pair edged higher in Asia on Wednesday, driven by risk sentiment and weaker than expected Japan’s export data which showed the biggest fall in over two years. Near-term action holds within 109.15/90 consolidation for the third straight…
Read More...

WTI oil holds in red on Tuesday and was down 2.4% since Asian opening, pressured by renewed pessimism over China’s economic growth slowdown and consequent lower fuel demand. The oil price moved lower after strong technical resistance (base…
Read More...

Cable holds firm tone in early US trading and pressures European high (1.2927), posted after acceleration on upbeat earnings data. The pair was up around 80 pips after data, with subsequent short-lived correction on profit-taking. Better…
Read More...