Windsor News & Research Blog - Forex & CFD Market Analysis

WTI oil price remains in red on Thursday and holds near two-month lows ($64.21/26) but downside attempts were so far contained by the base of rising daily Ichimoku cloud ($64.74). Cloud base acts as strong support as spikes in past two…
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The Aussie dollar holds in red in early European trading after upside attempts were repeatedly capped by bear-trendline at 0.7674 (drawn off 0.7988, 11 Feb high) and additional pressure came from weaker than expected Australia’s trade data.…
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Bulls are facing strong headwinds from 200SMA (at 110.17, reinforced by Fibo 61.8% of 111.39/108.11 bear-leg) which was cracked on Wednesday and caps today’s action. Overall structure remains bullish and comfortable above broken daily…
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Cable extends higher in early European trading on Thursday and pressures falling 30SMA (1.3467) after bullish signal was generated Wednesday’s close above pivotal 1.3401/10 barriers (20SMA / 50% retracement of 1.3617/1.3204 bear leg).…
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The Euro maintains bullish tone on Thursday and tests strong Fibo barrier at 1.1810 (Fibo 61.8% of 1.1996/1.1509 bear-leg, also pressuring falling 30SMA (1.1817) which reinforces resistance. Bulls were boosted by positive signal generated…
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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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