Windsor News & Research Blog - Forex & CFD Market Analysis

The pair lost traction and dipped further, extending pullback from Wednesday's rejection at 113.33. Broader dollar's weakness on Thursday was boosted by weaker than expected US Oct ISM Manufacturing PMI (57.7 vs 59.0 f/c) and increase of…
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WTI oil is holding within narrow consolidation just above key support at $64.43 (16 Aug low) after strong fall previous day (WTI contract was down over $2 on Wednesday). Oil prices were additionally pressured by increased output from OPEC…
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The pair holds in neutral mode on Thursday after bulls from 111.37 low stalled at strong Fibo barrier at 113.33 but subsequent pullback failed to clearly break below initial support at 112.83 (30SMA), keeping near-term action within tight…
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The Euro accelerates higher on Thursday after broader bears stalled ticks ahead of key support at 1.1300 on Wednesday and fresh weakness of the dollar, accompanied with strong advance of British pound, provide relief to the single currency.…
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The Australian dollar advanced over 1% in Asian trading on Thursday and eventually broke above multi-day congestion. Fresh rally pressures key near-term static support at 0.7159 (17 Oct high) and eyes another pivot at 0.7180 (55SMA), break…
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Sterling rallied 0.8% in Asia on Thursday and extends recovery rally from ten-week low at 1.2695, driven by renewed optimism over Brexit talks, after media report that UK PM May reached deal with the EU on financial services. Brexit theme…
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The dollar index which track performance of the US dollar against the basket of major world currencies, hit new over sixteen-month high on Wednesday. The greenback extended larger rally from September's base at 93.40 and probed above key…
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Copper fell to new six-week low at $2.6575 on Wednesday in extension of strong fall in past two days. The metal price was down nearly 3% on Mon/Tue's bearish acceleration, sparked by fresh fears of escalation of US/China trade war as China…
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WTI oil bounced to $66.98 on Wednesday after long-legged Doji on Tuesday signaled indecision. Bears cracked key near-term support at $65.73 (23 Oct low) but failed to sustain break, showing nervousness ahead of start of US sanctions on…
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Cable bounces from new ten-week low at 1.2695 on Wednesday, consolidating after strong fall on Mon/Tue, with stronger recovery on profit-taking after nearly 3% monthly fall, not ruled out. Overextended daily techs support scenario but so…
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