Windsor News & Research Blog - Forex & CFD Market Analysis

Copper extends strong fall of the previous day to new two-week low at $2.7060 on Thursday, as fears of escalation of trade tensions between the US and China, metal's biggest consumer, keep the price firmly in red. On the other side, news…
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Cable slumped near psychological 1.30 support, following short-lived post-BoE spike to 1.3124, as post-rate decision comments from BoE Governor Carney soured the sentiment. The Bank of England raised interest rates by quarter of point as…
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WTI oil holds firmly in red for the third straight day and probes below key support at $67.03 (17/18 July lows) on Thursday. Surprise rise in crude inventories of 3.8 million barrels vs forecasted draw of 2.8 million barrels, added to…
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The Australian dollar holds firmly in red on Thursday and extends weakness of the previous day, denting key near-term support at 0.7370 (27 July low / Fibo 61.8% of 0.7317/0.7464 upleg). Upbeat Australian trade balance data (trade surplus…
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The USDTRY pair rallies in uncharted territory after strong rally on Wednesday eventually broke above psychological 5.00 barrier and extended higher on Thursday. Lira was weakened significantly after last month's CBRT action and entered…
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The pair stands at the back foot on Thursday, with little positive impact from hawkish Fed and weighed by recent talks about higher tariff plan. Bulls were strongly rejected on Wednesday after rally stalled just ahead of key Fibo barrier…
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Cable dipped to new almost two-weeks low at 1.3067 in early European trading on Thursday, extending post-Fed weakness. Probe through higher base at 1.3065 was initial bearish signal, as bearish configuration of daily techs suggests further…
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The Euro cracked key support at 1.1636 (triangle support line) on Thursday, in extension of bear-leg from 1.1745 (31 July spike high). Bears extend into third straight day, with strong bearish signal being generated on Wednesday's break…
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The Euro eased from session high at 1.1699 as upbeat US jobs data offered mild support to dollar, but remains in overall neutral mode, moving within 25-pips range ahead of today's key event, FOMC policy decision. Upbeat US ADP private…
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Copper started trading in August in red and was down 2.4% in early trading on Wednesday, pressured by renewed trade war fears. The metal extends broader weakness, as past two months ended in red with monthly losses of 4.85% (July) and 3.2%…
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