Windsor News & Research Blog - Forex & CFD Market Analysis

Spot Gold trades within extended triangular consolidation with tight range on Friday, in expectation of US jobs report which is expected generate stronger direction signal. The price is holding between converging 10SMA ($1297)…
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WTI oil price moved higher on Friday after falling 1.7% previous day as report of further rise in US oil production offset positive impact from a massive draw in US crude inventories (3.6 million barrels vs forecasted draw of 0.4…
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The Aussie dollar dipped to session low in Asia on Friday after previous day’s upside attempts stalled under strong 0.76 zone barrier. Renewed fears about trade war as the US imposes new tariffs on imported steel and aluminum kept…
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The pair accelerated higher in early Friday’s trading, following triple downside rejection which left long-tailed daily candle of past three days, signaling that pullback from 111.39 (21 May high) runs out of steam. However, prevailing…
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Cable stood at the back foot in Asia on Friday, with recovery attempts in early European trading, but near-term outlook is negatively aligned. Thursday’s strong upside rejection which left daily candle with long upper shadow…
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The Euro holding within narrow range around falling 10SMA (currently at 1.1682) in early Friday’s trading, but remains firm following past two days rally. Probes through key near-term barriers, 10SMA and Fibo 38.2% of…
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Cable dipped below 1.33 handle in early hours of US trading after bullish acceleration earlier today faced strong headwinds from falling 10SMA (1.3351). Stronger dollar on upbeat US consumer spending which registered biggest gain in past…
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The USDCAD pair rallied at the beginning of the US session, supported by rise in US consumer spending and fall in US weekly jobless claims. US consumer spending rose Canadian dollar is retracing Thursday's strong rally, inspired by…
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Copper holds in red on Thursday after positive China’s manufacturing data pushed price higher but gains were short-lived as report showed copper inventories rose. Choppy trading in past four days resulted in daily candles with long…
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WTI oil price eased on Thursday as traders took profit on Wednesday’s strong rally when oil price rose 2.06% in a biggest one-day rally since 18 Apr. The rally was boosted by report that OPEC will keep production cut until at least the end…
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