Windsor News & Research Blog - Forex & CFD Market Analysis

Cable moved lower in early Wednesday's trading and probes again below 200SMA but remains for now within consolidation range (1.3484/1.3592) which extends into fourth straight day. Steep fall from 1.4376 (2018 high) found footstep at 200SMA…
Read More...

The Euro remains under strong pressure on Wednesday and extends weakness to new multi-month lows. President Trump's decision to pull out from a nuclear deal with Iran pushed dollar higher, while concerns about Italian political turmoil…
Read More...

The Euro extends weakness in early US trading and hit session low at 1.1838 (the lowest since 22 Dec). Strong bearish sentiment is reinforced by growing bearish momentum and formation of 10/200SMA death-cross. Bears eye initial target at…
Read More...

The USDTRY continues to trend higher and posted new all-time high at 4.2997, just ticks below psychological 4.30 barrier, which is currently under strong pressure. Having in mind that previous round-figure barriers were taken out quickly…
Read More...

Copper price accelerated lower on Tuesday, holding in red for the third straight day and emerged below daily cloud, in which the price was stuck in few previous sessions. Fresh weakness extended to one-week low at $3.0330 and cracked…
Read More...

Gold holds in red on Tuesday as dollar strengthened and eases back to $1308, retracing Fibo 61.8% of $1301/$1918 recovery leg. Negative near-term bias is establishing after Monday's long-legged Doji signaled strong indecision and recovery…
Read More...

WTI oil stands at the back foot and returns below $70 handle in early trading on Tuesday, following quick pullback from Monday's new 3 ½ year high at $70.81. Traders are cautious ahead of announcement of US President Trump whether the US…
Read More...

The pair holds in choppy sideways mode for the third straight day, with the downside being contained by double Fibo supports at 108.83/76 (38.2% of 106.88/110.03 and 23.6% of 104.63/110.03 rally), reinforced by 100SMA, while 10SMA caps…
Read More...

Cable is holding around cracked 200SMA (1.3539) in early Tuesday's trading, after steep fall from 1.4376 (17 Apr post-Brexit recovery peak) found footstep at this zone. The pair generated initial positive signals on repeated close above…
Read More...

The Euro holds in red in early European trading after brief recovery attempts were capped by broken Fibo support (61.8% of 1.1553/1.2555 ascend). Monday's close below here was bearish signal, along with probes through round-figure 1.19…
Read More...