Windsor News & Research Blog - Forex & CFD Market Analysis

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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WTI oil stand at the back foot in the mid-European session and moved lower after recovery attempts from Tuesday's low at $66.84 were capped by the base of 4-hr cloud (spanned between $67.55 and $68.02). Fresh attempts to extend Tuesday's…
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The Aussie dollar bounced above 0.75 handle and former key support which was broken on Tuesday, signaling that larger bears may take a breather before resuming. Oversold conditions and slightly stronger momentum studies on daily chart also…
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Broader bulls are consolidating under psychological 110.00 barrier which was approached on Tuesday's rally to 109.88 (the highest since early Feb). Barrier is reinforced by 200SMA (110.21) and firm break here would generate strong bullish…
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Cable is holding within narrow consolidation in early Wednesday's trading, after hitting new, marginally lower low at 1.3580 (the lowest since 12 Jan). Sterling was down over 1% on strong bearish acceleration on Tuesday, which eventually…
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