Windsor News & Research Blog - Forex & CFD Market Analysis

The cross accelerated lower on Wednesday and broke below the floor of Oct 2017/Jan 2019 range, to hit the lowest levels since May 2017. Extension of larger downtrend from 0.9113 (range top) cracked support at 0.8547 (Fibo 76.4% of…
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Cable dented target at 1.3315 (FE100% of wave C from 1.2968) and posted new 2019 high at 1.3336 (the highest since 9 July 2018) on Wednesday, in extension of previous day’s strong rally. Fading risk of no-deal Brexit and signals for short…
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WTI oil extends recovery on Wednesday, as negative tone from President Trump’s warning to OPEC about high oil prices, fades. Fresh extension higher retraced slightly over 61.8% of $57.79/$55.01 after strong fall on Monday (oil price was…
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The Euro maintains positive tone and probes again into daily cloud, after cloud base was cracked on Tuesday’s strong rally, which confirmed break out of four-day congestion and signaled continuation of recovery leg from 1.1234 (15 Feb low).…
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The Australian dollar holds in red on Wednesday as three-day rally faced again strong headwinds from pivotal 0.72 resistance zone (Fibo 61.8% of 0.7295/0.7054) where recovery already stalled last week. Downbeat Australian construction data…
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The pair holds in red for the second day and extends pullback after repeated failure at 111 zone and rejection under pivotal 200SMA barrier. Tuesday’s bearish outside day and fading risk sentiment on India-Pakistan tension, add to negative…
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Cable stands at the front foot in early Wednesday’s trading and consolidates under new 2019 high at 1.3287, posted after Tuesday’s 1.1% rally (the biggest one-day gains since 1 Nov). Overnight’s easing was brief and stayed above broken…
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Cable pulls back from new multi-month high at 1.3237, posted today on bullish acceleration, sparked by news about delayed Brexit. Probe above former 2019 high at 1.3217 (25 Jan) was so far short-lived, as PM May promised lawmakers Britain…
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WTI oil ticked higher from new 1 ½ week low at $55.01 on Tuesday, following 3% fall on Monday, which marked the biggest one-day loss since 24 Dec. Oil prices came under increased pressure after President Trump’s message to OPEC, in which…
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The Euro stands at the front foot on Tuesday and holds at the upper side of week-long congestion, following bullish close after triple Doji on Monday and probe above 20/30SMA’s pivots. Tuesday’s action holds above 20SMA (1.1352) and probes…
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