Windsor News & Research Blog - Forex & CFD Market Analysis

WTI oil price holds with narrow and choppy range on Monday but remains above thin daily cloud after l rally from $64.43 (16 Aug low) showed signs of fatigue. Bullish sentiment on fears of further output reduction from Iran, due to US…
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The Australian dollar bounces from new low at 0.7165 which lays just above strong supports at 0.7160 zone (May/Dec 2016 / Jan 2017 higher base), following strong fall last week (the pair was down 1.7% for the week). Profit-taking after…
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The pair trades within narrowing range on Monday, holding in the middle of thick daily cloud, following strong downside rejection at cloud base (110.64) last Friday. Mixed signals from daily techs suggest no clear near-term direction, but…
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Cable stands at the back foot and pressures key support at 1.2897 (Fibo 38.2% of 1.2661/1.3043 rally), following two-day pullback from last week's recovery high at 1.3043 and Monday's gap-lower opening. Near-term bulls are running out of…
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The Euro moved higher in early European trading and covered small gap from the opening, as last week's two-day pullback from upside failure at daily cloud, found footstep just above solid supports at 1.1577 (30SMA) and 1.1568 (Fibo 38.2% of…
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Turkish lira hit session low at 6.7339 in early Monday's trading as release of CPI data showed Turkish inflation rose further in August and hit the highest in 15 years at 17.9%, overshooting forecast at 15.85%. Lira managed to recover part…
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The Euro stands in red during mid-European and early US trading and extends pullback through initial support at 1.1656 (base of thin daily cloud).Thursday's close in red created bearish outside day pattern, generating initial negative…
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Turkish lira rose on Friday, taking a breather of four-day fall which hit the lowest since 13 Aug record low, on spike to 6.8379 on Thursday. Fresh support to lira came from decision to lower withhold taxes on lira's deposits and increase…
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The Australian dollar extends weakness on Friday, holding firmly in red for the fourth consecutive day and on track for strong bearish weekly close. Extension of Thursday's strong bearish acceleration was partially limited by better than…
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The pair remains under increased pressure on Friday, with extension of previous day's strong fall (down 0.64% in the biggest one-day fall since 20 July), which formed bearish outside day and generated initial negative signal. Repeated…
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