Windsor News & Research Blog - Forex & CFD Market Analysis

The Canadian dollar reversed from fresh three-week high at 1.2729 against the US dollar despite downbeat Canada's April labor data, as US import price index, released at the same time, fell below expectations. Canada's employment change…
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Copper rallies further on Friday and extends previous day's 1.6% rally which generated strong bullish signal on break and close above daily cloud (cloud top lies at $3.1033, reinforced by daily Kijun-sen). Today's fresh extension higher…
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Gold price regained traction and bounced from session low at $1318 hit in late Asian trading, as dollar remains at the back foot after weak US CPI data.Fresh extension of Thursday's strong rally when the yellow metal was up nearly 1%,…
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WTI oil is holding within tight consolidation range under new 3 ½ year high at $71.86 on Friday, taking a breather after strong rally during the week. Oil price was boosted by US decision to pull out of nuclear deal with Iran which caused…
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The Aussie dollar holds firm tone in early Friday's trading and looking for further upside after strong rally on Thursday completed Doji reversal pattern and generated bullish signal on close above 10SMA. North-heading momentum adds to…
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The pair remains biased higher and looks for renewed attack at key barriers at 110.00 and 200SMA (110.15) after bulls were repeatedly rejected at psychological 110 barrier on Thursday and subsequent pullback contained by 10SMA (109.40)…
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Cable remains within choppy directionless mode which extends into sixth straight day on Friday, signaled by multiple long-legged Dojis. Initial negative signal was generated on eventual close below 200SMA on Wednesday after recovery…
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The Euro eased below 1.19 handle in early European trading on Friday after trading within tight consolidation in Asia. The dollar started to regain traction after being hit by soft US inflation data on Thursday, bringing the single…
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The Turkish lira strengthened further on Thursday, extending bounce from new record low at 4.3741 (posted on Wednesday) to session high at 4.2265, retracing over 38.2% of USDTRY's 4.0294/4.3741 upleg. Lira regained traction after Turkish…
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The pair eased after touching 110 barrier on weaker than expected US CPI but dips were so far contained by 10SMA (109.38).Holding above 10SMA keeps bulls intact for renewed attack at psychological 110 barrier and another key barrier at…
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