Windsor News & Research Blog - Forex & CFD Market Analysis

The Australian dollar stands at the front foot on Wednesday, as comments of US President Trump over Huawei case boosted risk assets, but upside action was so far limited. Initial resistance at 0.7228 (100SMA / Fibo 23.6% of 0.7393/0.7177)…
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The pair holds in green for the third straight day and extends rally from 112.23 double-bottom through pivotal Fibo barrier at 113.35 (61.8% of 114.03/112.23 bear-leg), close above which would generate bullish signal. The dollar was…
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Cable bounces above 1.25 handle in early European trading on Wednesday, as bears are taking a breather after steep three-day fall which hit new 20-month low at 1.2476. Sterling remains under strong pressure on political turmoil after PM…
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The price action in early Wednesday’s trading is holding within narrow consolidation just above pivotal 200WMA (1.1312) which was cracked on Tuesday’s dip to 1.1306. Two consecutive bearish daily candles (Mon/Tue) with long upper shadows…
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The Euro slumped in early US trading on Tuesday, as dollar rose on better than expected US PPI data (Nov core PPI m/m 0.3% vs 0.1% f/c; y/y 2.7% vs 2.5% f/c). News that Italian government is not planning a major changes to the budget,…
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WTI oil price bounced from temporary base at $50.60 zone (lows of past three days) where pullback from recovery high at $54.54 found footstep. Oil came under pressure after recovery attempts stalled and subsequent easing was boosted by…
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The Australian dollar bounced above daily cloud after Monday’s inverted Hammer candle signaled stall of steep five-day downtrend. Fresh recovery was also boosted by US/China talks hopes, with oversold daily slow stochastic adding on…
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The pair eases on Tuesday after Monday’s 0.6% rally (the biggest one-day rally since 30 Oct) was capped by pivotal Fibo barrier at 113.35 (Fibo 61.8% of 114.03/112.23 ber-leg). Fresh bullish acceleration after strong downside rejections at…
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The Euro bounces from lows at 1.1350 (Mon/today) posted after upside rejection at strong 1.1440 resistance zone (daily cloud base / Fibo 38.2% of 1.1815/1.1215 descend / falling 55SMA). Tuesday’s action ended in bearish daily candle with…
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Cable consolidates above new 20-month low at 1.2506, posted on Monday, after 1.10% fall (the biggest one-day fall in Dec). Pound fell sharply after UK PM Theresa May decided to postpone parliamentary vote on Brexit deal, with rising…
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