Windsor News & Research Blog - Forex & CFD Market Analysis

Cable was slightly higher in early trading on Tuesday, consolidating above new three-week low at 1.2844, posted after Monday’s 0.57% fall, driven by signs of UK economy’s slowdown on downbeat UK Q$ GDP data. Surge and close well below…
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The pair hit new ten-week high at 110.65 in early Tuesday’s trading, in extension of Monday’s rally that eventually closed above pivotal 110.00/22 barriers and generated bullish signal. The dollar benefited on increased safe-haven demand…
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Cable remains at the back foot in early American trading on Monday and probes below pivotal 1.29 support zone, after weak UK data further soured the sentiment. Sterling entered the third week deeply in red, pressured by Brexit concerns and…
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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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