Windsor News & Research Blog - Forex & CFD Market Analysis

Brent oil fell over $1 on Thursday after US President Trump criticized high oil prices and urged OPEC to lower them. Oil prices moved lower in immediate reaction to Trump’s tweet, in which he linked American support to the countries in the…
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The Aussie dollar consolidates after three days of strong rally but holds bullish tone for further extension of recovery from 0.7085 (11 Sep low). Bulls probed again above pivotal 0.7268 barrier (Fibo 61.8% of 0.7381/0.7085 bear-leg) on…
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Risk of reversal is growing after bulls repeatedly failed to close above cracked Fibo barrier at 112.37 (76.4% of 113.17/109.77 descend) with Wednesday’s trading ending in red and extended dips on Thursday penetrating rising thick hourly…
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WTI oil hit two-week high at $71.33 on Thursday on renewed probe through pivotal $71.17 barrier (Fibo 61.8% of $75.34/$64.43 descend). Bulls remain firmly in play and look for extension of previous day’s strong rally, when oil price…
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Firmer tone in European session after quiet trading in Asia resulted in fresh probe above 1.1700 handle, following multiple failure to close above here. Upticks in past few sessions were capped just under 1.1733 (28 Aug high), leaving…
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Cable ticks higher in early European trading after trading within tight range in Asia on Thursday and probes again above key barriers at 1.3159/62 (falling 100SMA / Fibo 61.8% of 1.3472/1.2661). Strong indecision is signaled by double Doji…
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Wednesday’s action remains directionless for now and shaped in Doji candle, as bulls show hesitation after strong rally on Tuesday. Conflicting daily studies (overbought slow stochastic in sideways mode and strengthening momentum) provide…
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Cable dipped 0.7% and hit session low at 1.3096, following report in The Times that UK PM May could reject EU offer on Irish border. The news soured sentiment, bringing pound under increased pressure, after the currency advanced to new…
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WTI oil maintains firm tone and holding above thickening daily cloud top on Wednesday, but the upside attempts were so far limited, following strong upside rejection at $70.40 on Tuesday. Oil prices were initially boosted by news that…
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The pair holds in firm bullish mode for the third straight day and extends recovery leg from 0.7141(17 Sep trough) to probe through falling 30SMA (0.7244) and pressure key Fibo barrier at 0.7256 (61.8% of 0.7362/0.7085 descend). Fresh…
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