Windsor News & Research Blog - Forex & CFD Market Analysis

Copper bounced on Tuesday, making 3% advance so far, boosted by concerns about possible supply disruption on negotiations about labor contract between workers and management of world’s biggest copper mine, Escondida in Chile. Recovery…
Read More...

The Turkish lira was hit badly and fell close to historical low on Tuesday after Turkish central bank surprised markets by keeping one-week repo rate unchanged at 17.75%, against wide expectations for 1 - 1.25% hike on today's policy…
Read More...

The Euro stands at the front foot in the mid-European trading and regains 1.17 handle, after upbeat German PMI data and following EU figure which failed to follow, supported the single currency to move from dangerous zone. Bounce above the…
Read More...

WTI oil price remains in a choppy and directionless mode for the third straight day, on conflicting fundamentals which lack clearer direction signals. The price rose slightly on Tuesday, keeping temporary base at $67.58, supported by…
Read More...

The Australian dollar shows indecision as early Tuesday's trading was shaped in Doji, following Monday's strong close in red after another rejection at strong 0.7440 resistance zone. Mixed techs show little direction signals (MA's remain…
Read More...

The pair stands at the back foot on Tuesday after Monday’s action ended in long-tailed Doji after spiking to 110.75 but closing above rising 20SMA (111.31). Recovery attempts in early European trading were capped by thick hourly cloud…
Read More...

Cable bounces from the session low at 1.3071, following failure on initial attempt below 5SMA pivot (1.3084, now in sideways mode). Recovery attempts need to hold below falling 10SMA (1.3141) to keep negative tone, supported by weakening…
Read More...

The Euro moved lower in late Asian / early European trading as dollar firmed on expectations the Fed would continue with rate hikes despite President Trump’s criticism. Repeated failure at daily cloud base and bearish close on Monday (red…
Read More...

Cable holds at the back foot in early hours of the US trading after attempts to extend strong rally of last Friday were capped by falling 10SMA (1.3158) also 50% retracement of 1.3362/1.2957 bear-leg. Bids at 1.31 zone (round-figure,…
Read More...

The Australian dollar stands at the back foot on Monday and eases below 0.74 handle, following another rejection at strong 0.7440 resistance zone (triple failure was registered last week), as attempts to extend Friday's strong rally lacked…
Read More...