Windsor News & Research Blog - Forex & CFD Market Analysis

Copper was sharply lower on Monday as traders took profit after strong rally on last Thu/Fri, when the metal price rose over 6% on optimism over easing trading tensions between the US and China. Release of China’s Oct services PMI, which…
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WTI oil remains in red at the beginning of the week and hit new marginally lower seven-month low at $62.51 on Monday, in extension of last week’s nearly 7% fall. Oil prices maintain negative tone on pullback from recovery peak at $76.88…
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The US dollar trades slightly higher against Turkish lira on Monday, as disappointing results of Turkey's Oct inflation raise concerns. The lira advanced strongly after CBRT's massive rate hike in September, gaining nearly 10% against its…
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The Australian dollar remains constructive on Monday and attacks again key Fibo barrier at 0.7202 (Fibo 61.8% of 0.7314/0.7020) after two consecutive attempts last week failed to close above. Friday's spike to 0.7258 (the highest since 27…
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The pair maintains positive tone at the beginning of the week and retested key barrier at 113.33 (Fibo 61.8% of 114.54/111.37) which repeatedly capped upside attempts last week. Upbeat US jobs data on Friday boosted the dollar, but bulls…
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The Euro trades within narrow range in early Monday, capped by the base of thick 4-hr cloud, with near-term risk being shifted lower after strong upside rejection (recovery was capped by falling 20SMA), which left bearish daily candle with…
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Cable is holding around 1.30 handle in early European trading on Monday, after starting the week with gap-higher and hitting session high at 1.3024. The media report over the weekend about an all-UK customs deal, initially supported the…
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Cable dipped to the session low at 1.2982 after US jobs data beat, which inflated dollar, but pound's weakness was so far limited. US No-Farm payrolls jumped to 250K in Oct, well above Sep downward-revised at 118K and forecast for 193K,…
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WTI oil is consolidating above new seven-month low at $63.10, hit on Thursday after steep four-day fall from $67.93 lower top. Easing global supply concerns on increased production of world’s top oil producers, which aim to offset negative…
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The Euro holds strong bullish tone on Friday and extends recovery rally from 1.1302 low into second day. After falling 10SMA, which limited Thursday’s action, was taken out, bulls generated fresh signal on break above double-Fibo pivot at…
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