Windsor News & Research Blog - Forex & CFD Market Analysis

The pair hit new two-month high at 107.90 on Monday in extension of three-day rally from 106.88 trough, as easing concerns over global political risks significantly reduced safe-haven-demand and kept yen under pressure. Trading on Monday…
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The pair extends recovery into third straight day on Friday and broke through 100SMA (1.2678) as loonie was hit by weak Canadian data (CPI 0.3% Mar vs 0.4% f/c and 0.6% Feb / core retail sales 0.0% Feb vs 0.3% f/c and 1.0% Jan). Recovery…
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The Euro extended weakness on Friday and tested support zone at 1.2299/90, driven by stronger dollar and hedging for option expiries. The pair holds just above new daily low at the beginning of the US session, with strengthening negative…
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Gold price holds in red on Friday as dollar firms and extends pullback after strong double upside rejection at $1355 zone on Wed/Thu. Fresh extension lower on Friday broke below 10SMA ($1343 also near 50% of $1319/$1365 upleg) and cracked…
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WTI oil holds within narrow consolidation on Friday, near new over three-year high at $69.54, posted on Thursday. Bulls showed hesitation on approach to psychological $70 barrier and eased to $67.90 on overbought conditions. Daily studies…
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The Aussie dollar holds in red on Friday and probed below 0.7700 handle, in extension of previous day's sharp fall. Repeated rejection at 200SMA, with near-term action being weighed by thickening daily cloud (base of cloud lies at 0.7835),…
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The pair advances for the third straight day and probes again through Fibo barrier at 107.55 (50% retracement of 110.48/104.63), which capped upside attempts since late Feb. Today's extension of bull-leg from 106.86 trough approached key…
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The Euro stands at the back foot on Friday, holding within daily cloud and probing through strong supports at 1.2330 zone (converged 20/30SMA's).Multiple upside rejections which left several daily candles with long upper shadows signaled…
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Cable hit new two-week low at 1.4044 on Friday, in extension strong fall from Thursday, when pound was hit by comments from BoE Governor Carney. The pair remains firmly in red for the fourth consecutive day and puts broader bulls under…
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Cable bounced from session low at 1.4160 (one-week low) and regained levels at 1.4140 zone, as M&A news offset negative impact from weak retail sales data, released earlier today. Series of weaker than expected key UK data in last…
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