Windsor News & Research Blog - Forex & CFD Market Analysis

Bulls are taking a breather after strong rally in past two days (0.8% advance), with firm bullish bias being intact and focusing targets at 114.20 (12 Nov) and 114.54 (2018 high). Tuesday’s marginal close above 113.75 pivot (Fibo 76.4% of…
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The Euro trades in red for the fourth straight day and hit new two-week low at 1.1267 in early European trading on Wednesday. Strong bearish signal was generated on Tuesday’s close below 200WMA / Fibo 61.8% of 1.1215/1.1472 (1.1313) which…
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Cable moves within narrow consolidation in early Wednesday’s trading and just above strong support at 1.2722 (15 Nov low) which was approached on Tuesday’s strong fall (sterling was down 0.65% for the day). Signals that US President Trump…
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The USDTRY hit new nearly four-month low at 5.21 on Tuesday in extension of wave C (which commenced from 6.8379, 30 Aug lower top), of five-wave cycle from all-time high at 7.1074 (13 Aug). Extended third wave, eyes 200SMA (5.1174) break…
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WTI oil trades within extended but limited consolidation on Tuesday, near the lowest level in past almost fourteen months ($50.09) and ticks ahead of psychological $50 support. Bears may take a breather before eventually breaking lower, in…
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Bounce in to 0.7269 early European trading was short-lived and the pair returned to familiar levels, holding just above top of thick daily cloud (0.7211). Repeated strong upside rejection adds fears of extension of bear-leg from 0.7335, as…
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The pair remains bid on Tuesday and probes above Monday’s high at 113.65, as the latest comments from President Trump about implementing plan for tariff hike on imports from China boosted demand for safe-haven dollar. Long bullish candle,…
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Cable accelerated sharply lower in early European trading on Tuesday as comments from President Trump soured the sentiment and neutralized expected positive impact from Brexit deal. Fresh weakness dipped near 15 Nov low at 1.2722,…
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The Euro holds in red for the third straight day and accelerated lower at the beginning of European session on Tuesday, to crack key support at 1.1313 (Fibo 61.8% of 1.1215/1.1472 / 200WMA), which contained downside attempts in past five…
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The Euro stands at the back foot in early hours of US session on Monday and slid to the session low at 1.1350 after speech of ECB President Mario Draghi, who pointed at gradual growth slowdown, but expressed the optimism about inflation,…
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