Windsor News & Research Blog - Forex & CFD Market Analysis

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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WTI oil price is slightly higher in early Tuesday’s trading, consolidating strong fall of past three days. Oil was down nearly 5% on last Thu/Mon fall from $68.26 to $64.57, being under strong pressure on rising US production and concerns…
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The pair holds positive tone on Tuesday and eyes key barrier at 110.15 (Fibo 61.8% of 111.39/108.11 bear-leg, reinforced by 200SMA). Monday’s close above a cluster of barriers between 109.40 and 109.80 (consisting of 10/30/20SMA’s and…
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