Windsor News & Research Blog - Forex & CFD Market Analysis

Copper holds in strong bullish mode for the fourth straight day and probes above yesterday's new four-month high at $3.2485, following shallow corrective pullback to $3.1920 today. Weaker dollar, solid global economic growth, which…
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The cross holds firm tone on Wednesday and extends recovery rally from 143.19 (29 May low) into sixth straight day. Bulls probe through falling 30SMA after taking out pivots at 147.21/40 (20SMA / Fibo 61.8% of 150.01/143.19 bear-leg)…
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WTI oil price spiked to $65.95 on Wednesday but was unable to hold gains and extend recovery rally from Tuesday's new nearly two-month low at $64.21. Initial probe below daily cloud base (which marks strong support at $64.64) failed as…
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The pair is up on Wednesday after bulls took a breather on Tuesday (Doji candle) and attack key barrier at 110.14 (Fibo 61.8% of 111.39/108.11, reinforced by 200SMA). Break and close here is needed to strengthen bulls and generate strong…
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Cable continues to head north on Wednesday and extends previous day's strong rally. Fresh advance broke through pivots at 1.3405 (20SMA) and 1.3410 (50% retracement of 1.3617/1.3204). Bulls are supported by stronger Euro and soft-Brexit…
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The Euro stands at the front foot and accelerates higher in early European trading, following narrow consolidation in Asia. Bulls remain in play after Tuesday's dip to 1.1652 proved short-lived as probe through key barrier at 1.1753…
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The Aussie dollar accelerated higher in early Wednesday's trading and hit 1 ½ month high at 0.7672, boosted by better than expected Australian GDP, which rose 1% in Q1, beating the forecast at 0.8%. Annualized figure came at 3.1% vs…
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The cross dipped on Tuesday as sterling rallied on better than expected UK data and euro came under pressure on rise of Italian bond yields after new PM promised to bring radical changes to the country. Fresh weakness nearly fully reversed…
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Cable rallied on higher than expected UK Services PMI data which rose to 54 in May (the highest since Feb) beating forecast at 52.9. Fresh bullish acceleration from pre-data low at 1.3333 hit session high at 1.3384 and also broke above…
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Spot Gold holds in a narrow range on Tuesday and confirms indecision after Monday’s action ended in Doji candle with long upper shadow. Overall structure remains bearish, but the price is struggling at $1291 pivot (Fibo 61.8% of…
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