Windsor News & Research Blog - Forex & CFD Market Analysis

The pair extended weakness on Thursday and cracked 10SMA support at 109.15, but so far without break lower. Bearish signal is generating on formation of Doji reversal pattern on daily chart, which looks for daily close below 10SMA for…
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WTI oil price remains within two-week range and without clear direction, after repeated probes below range floor were contained by rising 20SMA, which marks initial support, currently at $67.08. On the other side, recovery attempts stay…
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Turkish lira spiked to new all-time high at 4.2284 on Thursday, following Turkey's CPI upside surprise. Inflation rose by 1.87% m/m in April, overshooting forecast for 1.6% rise, while annualized CPI rose to 10.85% the highest from…
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Recovery attempts pick up on Thursday and forming reversal pattern on daily chart, as Wednesday's trading ended in Doji candle and base forming at 0.7475. Slow stochastic and RSI reversed from oversold zone, while momentum turned higher…
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Cable fell back below 1.36 handle on downbeat UK services PMI data (Apr 52.8 vs 53.5 f/c), signaling that today's recovery attempts may be over. Steep descend from 1.4376 (16 Apr peak) found footstep at 1.3550 (Fibo 61.8% of 1.3038/1.4376…
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The pair holds in red in early Thursday's trading and eases to 109.55 (European session low), penetrating rising hourly cloud (spanned between 108.71 and 109.50). Reversal pattern is forming on daily chart after bulls stalled under 200SMA,…
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The Euro bounced from new multi-month low at 1.1938 on Thursday, but recovery attempts so far remain under key barriers at 1.2000/14 (psychological barrier / 200SMA). Steep fall off 1.2413 (17 Apr high) found footstep just above key Fibo…
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The USDJPY pair is pressuring again 110.00 barrier after greenback accelerated higher in the US session, driven by better than expected US private sector employment data. Bulls are on track to resume rally, after today’s shallow dip to…
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The Euro eased in early US trading on Wednesday and returned below 200SMA and 1.20 handle after better than expected US ADP private jobs data (204K in Apr vs 200K f/c) offered fresh support to the greenback, deflating Euro's recovery…
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Gold price bounces on Wednesday after hitting four-month low at $1301 on Tuesday's bearish acceleration which also cracked strong support provided by 200SMA at $1303. The yellow metal recovers on weaker dollar ahead of FOMC, as traders are…
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