Windsor News & Research Blog - Forex & CFD Market Analysis

WTI oil broke above psychological $72 barrier and hit new high at $72.15 (the highest since Nov 2014) on Thursday. Persisting geopolitical tension keep oil price supported with fall in US crude stocks (EIA report on Wednesday) adding to…
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The Aussie dollar rose to 0.7547 on Thursday, driven by solid Australian jobs data and extending strong rally on Wednesday which left a higher base at 0.7447 (Tue/Wed lows). Strengthening momentum and 5/10SMA bull-cross are supportive for…
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Fresh bullish acceleration on Thursday neutralizes initial negative signal on Wednesday's Hanging Man candle and moves towards next pivotal barriers at 110.84/87 (27 Nov low / Fibo 61.8% of larger 114.73/104.63 fall). Repeated close above…
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Cable cracked 200SMA barrier on fresh upside attempts in early Thursday's trading after repeated rejection at near-term congestion floor on Tue/Wed.Sterling received fresh support from news the UK is prepared to stay in EU customs union…
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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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