Windsor News & Research Blog - Forex & CFD Market Analysis

Firmer tone on Friday increases hopes of recovery as Thursday's strong downside rejection left hammer candle, signaling that two-day pullback might be over. Dip was contained by 10SMA (113.15) and subsequent bounce resulted in daily close…
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Cable trades in narrow-range directionless mode on Friday and holding within larger range which extends into third straight week and on track to end the third week in Doji candle.Quiet mode comes after bumpy ride in past three days, driven…
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The Euro consolidates under new one week high at 1.1401 in early Friday's trading, as strong two-day rally is taking a breather after failing to close above cracked pivotal Fibo barrier at 1.1393 (61.8% of 1.1472/1.1267) on Thursday.…
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WTI oil eventually broke below psychological $50 support and hit new 2018 lows on Thursday, in extension strong fall previous day, generating strong signal of continuation of larger downtrend which took a breather above $50 pivot. The…
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Cable was sharply lower on comments from UK PM May who confirmed that the deal with EU is the final one and the UK is leaving the union in March, as scheduled. May also pointed to comments on the second vote as attempts to frustrate Brexit…
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The Euro hit one week high at 1.1397 in early European trading on Thursday, in extension of previous day’s over 100 pips rally after dovish comments from Fed chief Powell changed sentiment. The greenback was sold across the board following…
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WTI oil holds in red on Wednesday and dipped below $51 handle, retracing over 61.8% of two-day $50.09/$52.53 recovery and signaling that corrective phase might be over. Oil bears took a breather after falling over 6% last Friday, helped by…
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The Aussie dollar holds bid tone on Wednesday, despite stronger greenback and downbeat Australian data released earlier today (Q3 Construction work done -2.8% vs 0.9% f/c). The pair holds above top of falling thick daily cloud which marks…
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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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