Windsor News & Research Blog - Forex & CFD Market Analysis

The Australian dollar dipped to 2 ½ week low at 0.7322 after strong bearish acceleration on Thursday took out support at 0.7360 (11/12 July double-bottom. Today’s big drop was triggered by fresh weakness of Chinese yuan which hit one-year…
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The pair accelerated higher on Thursday and cracked important barrier at 1.3261 (Fibo 61.8% of 1.3386/1.3064 pullback) where upside attempts on Wednesday were rejected, leaving bearish daily candle with long upper shadow. Strong US dollar…
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Copper hit new one-year low at $2.6720 on Thursday, as fresh acceleration lower ended five-day consolidation and signaled continuation of larger downtrend from $3.3140 (07 June high). Strong dollar and rising concerns about demand,…
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Cable trades below 1.30 handle ahead of start of the US session on Thursday, following fresh bearish acceleration on downbeat UK retail sales data, released earlier today. Retail sales fell well below expectations in June (m/m -0.5% vs…
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WTI oil price fell on Thursday after recovery attempts from $67.02 double-bottom (also 100SMA) stalled on negative news that increased pressure on oil prices. Unexpected strong rise in oil inventories (EIA report showed build of 5.8…
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The pair is regaining traction and probes again above 113 barrier on Thursday, pressuring previous day's new multi-month high at 113.13 and sidelining downside risk signaled by Wednesday's Doji with long upper shadow. Near-term bias…
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The Euro holds in red for the third straight day and pressures again Wednesday's spike low at 1.1601, after recovery attempts from here ran out of steam at 1.1660 and left hourly double-top before falling back. Fresh weakness nearly fully…
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The Australian dollar accelerated lower in early European trading and erased all overnight gains on upbeat Australian jobs data (employment change 50.9K in Jun vs 16.7K f/c and 13.5K in May). Post-data rally stalled at 0.7441 (former…
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Cable came under pressure in late Asian / early European trading, after brief recovery from Wednesday's new ten-month low at 1.3009, which stalled at 1.3083. Pound was hit by weaker than expected UK inflation data on Wednesday and probed…
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Copper hit new one-year low at $2.7150 on Wednesday and generated bearish signal on completion of near-term correction from $2.7160 (11 July former low) which stalled at $2.7980, capped by falling 10SMA. The metal price accelerated lower…
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