Windsor News & Research Blog - Forex & CFD Market Analysis

The Euro probed again below 1.18 handle in early European trading, but limited downside keeps the so far within 1.1792/1.1837 session range. Outlook remains negative, but bears may show further hesitation at 1.18 zone as yesterday's…
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The cross spiked to one week low at 129.53 on Wednesday after taking out strong supports at 130 zone (psychological support / Fibo 61.8% of 129.23/131.37 upleg). Fresh acceleration lower which extends into second straight day, confirms…
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The pair fell back to 1.28 zone on better than expected Canada's Manufacturing sales (Mar 1.4% vs 1.2% f/c) and strong fall in US housing starts (Apr -3.7% vs -0.7% f/c and upward-revised March figure from 1.9% to 3.6%).Fresh weakness…
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The USDTRY pair continues to move in uncharted territory and hit new record highs on Wednesday, after narrow consolidation preceded fresh acceleration higher. Bulls are coming closer to psychological 4.50 barrier, violation of which looks…
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The Euro broke below psychological support at 1.1800 and hit new nearly five-month low as stronger dollar on rising US bond yields continues to drive the single currency lower and additional pressure came from slowdown in EU inflation. CPI…
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Gold price moved higher on Wednesday after falling sharply the previous day (gold fell nearly 1.7% on Tuesday), but recovery was so far limited and stayed below psychological $1300 barrier. The yellow metal price was heavily sold as…
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WTI oil price stands at the back foot but holding in tight range on Wednesday, after being hit by unexpected build of US crude stocks (API report released late Tuesday showed build of 4.85 million barrels, compared to 1.85 million barrels…
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The Aussie dollar moved higher after retest of Tuesday's 0.7447 low failed to break lower. Slightly softer than expected but unchanged Australian wage price index and consumer sentiment offered support. Recovery attempts eye…
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Cable holds within narrow range in early Wednesday's trading with near-term structure being negatively aligned following Tuesday's close in red and brief probe through key support at 1.3460. Overall weak UK jobs data released on Tuesday,…
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The eases below broken 200SMA in early European trading following narrow consolidation under new high at 110.45 in Asia. Tuesday's strong rally which resulted in eventual break and close above 200SMA was strong bullish signal. Rally may…
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