Windsor News & Research Blog - Forex & CFD Market Analysis

The USDTRY extends recovery from post-CBRT low at 4.4507, as lira ran out of steam after being boosted by central bank's rate hike last week. Initial signal of formation of higher base at 4.45 zone is generating after lira failed to break…
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WTI oil hit seven-day high at $66.58 in extension of recovery leg from $64.21 (05 June low). Oil price holds in recovery mode and tracked by rising daily cloud base which contained larger pullback from $72.89 to $64.21. Recovery retraced…
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The Aussie dollar remains bid on Tuesday and holds within daily cloud, with cloud base (0.7591) marking solid support which contained overnight dip after release of news from US/NK summit. Recovery leg from last Friday's spike low at…
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Cable bounced from daily low at 1.3341 on Tuesday, failing to clearly break below rising 10SMA (1.3364) as rising 4-hr cloud top contained dip and continues to support. Pullback from 1.3472 high is facing headwinds, as rising momentum…
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The Euro regained traction and moved higher in early Europe after dipping to 1.1741 on US/NK summit news. Fresh strength probes again through falling 30SMA (1.1789) after attempts in past three days failed to close above and generate…
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The pair jumped to three-week high at 110.49 in Asia and holds high levels in early European trading on Tuesday, as dollar rose on optimistic tones from historic US / North Korea summit. Rising optimism about the final deal for the Korean…
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The USDTRY pair moved higher on Monday after post-CBRT weakness found just above previous low at 1.4473 (30 May) and was contained by rising 30SMA (4.4503) today.Positive impact on CBRT rate hike last week was so far limited as the pair…
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The Aussie dollar probes breaks into daily cloud on Monday, supported by fresh risk appetite ahead of historical US/NK summit on Tuesday. Repeated close below daily cloud on Thu/Fri was bearish signal, but pullback from 0.7676/73 tops…
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Cable fell sharply on Monday, hit by disappointing UK data. UK Manufacturing Production dropped 1.4% in April vs forecasted increase of 0.3%, which marks the biggest drop since Oct 2012. Industrial production was down 0.8% in April,…
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The Euro remains bid in early Monday's trading despite trade war concerns after G7 failure. Fresh strength probes through key barriers (55SMA / Fibo 61.8% of 1.1996/1.1509 bear-leg) at 1.1796/1.1810 respectively, after falling 55SMA capped…
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