Windsor News & Research Blog - Forex & CFD Market Analysis

The Australian dollar maintains bullish near-term bias and extends recovery, holding in green for the fourth straight day. Signals of easing US/China trading tensions keep risk on mode and underpin recovery. Renewed probe above cracked…
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The pair maintains positive tone and pushes again above pivotal Fibo barrier at 113.35 (61.8% of 114.03/112.23) after repeated failure to eventually close above it and signal continuation of recovery from 112.23 double-bottom. The action…
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The Euro extends recovery in early European trading on Thursday, boosted by stronger pound after PM May’s confidence vote win, positive signal from bullish engulfing pattern on Wednesday and weaker dollar. Recovery is also supported by…
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GBPUSD Sterling maintains firm tone in early Thursday’s trading and pressures previous day’s high at 1.2670, posted after 1.1% daily rally on Wednesday. UK PM Theresa May survived the confidence vote of her own party and will continue…
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Sterling rose above 1.26 handle against dollar in early US session trading on Wednesday, driven by optimistic expectations that PM May will win confidence vote, triggered by conservative lawmakers and due later today. Political turmoil in…
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WTI oil extends bounce from $50.60 base on Wednesday, maintaining bullish near-term tone. Strong fall in oil inventories (API report on Tuesday showed draw of 10.1 mln bls vs previous week’s 5.3 mln bls build), cut in oil exports from…
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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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