Windsor News & Research Blog - Forex & CFD Market Analysis

Cable holds in red on Thursday and seeing risk of deeper pullback after near-term bulls repeatedly failed to clear falling 20SMA (also Fibo 38.2% of 1.3362/1.2661 descend) and Wednesday's action ended in Doji. Reversal pattern is forming…
Read More...

The Euro stands at the back foot in early Thursday's trading, pressured by stronger dollar after hawkish Fed and initial signs of stall of recent strong five-day rally. Near-term bulls showed strong rejection at falling 55SMA, which marks…
Read More...

The Aussie dollar fell 0.8% in Asia on Thursday, driven by political turmoil in Australia, as resignation of three senior ministers undermined position of Australian Prime Minister. Aussie dipped to one-week low at 0.7283, also pressured…
Read More...

The USDTRY pair holds within tight range on Wednesday after bounce from correction low of recent strong rally at 5.6875, showed signs of stall. Lira showed mild reaction on recent news from the US as Turkish markets are closed for…
Read More...

WTI oil price rose on Wednesday, keeping bullish near-term bias and extending gains into third straight day. Fundamentals were boosted by unexpected fall in crude stocks (Tuesday’s API report showed draw of 5.17 million barrels compared to…
Read More...

The Aussie dollar holds in red on Wednesday, easing from recovery top at 0.7383, as risk aversion on the newest political turmoil in the US and overbought condition weigh on near-term bulls. Corrective dips may extend as slow stochastic is…
Read More...

Cable eases from new recovery high at 1.2925, posted after four-day rally which accelerated on Tuesday on strong UK data. Recovery was capped by falling 20SMA, with barrier reinforced by Fibo 38.2% of 1.3362/1.2661 descend. Profit-taking…
Read More...

The Euro is consolidating in early Wednesday's trading, following strong bullish acceleration in past four days. Rally from 1.1300 (15 Aug low) hit high at 1.1600 on Tuesday, but failed to close above falling 30SMA (1.1589) and Fibo 61.8%…
Read More...

The greenback firmed in late Asian trading after being hurt by fresh political case in the US and retests daily cloud base 110.52, which capped Monday's recovery attempts. Barrier is reinforced by falling 10SMA (110.65), with firm break…
Read More...

Bulls are taking a breather on Tuesday, following two days of strong rally on softer dollar, after failing to take out barriers at $1194/95 (falling 10SMA / Fibo 61.8% of $1217/$1160 bear-leg). North-heading momentum and slow stochastic…
Read More...