Windsor News & Research Blog - Forex & CFD Market Analysis

WTI oil price hit new over three-year high at $69.25 on Thursday, in extension of previous day's strong rally. Strong bullish sentiment returned to play after brief $67.74/$65.55 correction, as weekly crude stocks fell more than expected…
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The Aussie dollar maintains positive tone on Thursday and retested strong barrier at 0.7815 (200SMA) but was so far unable to break higher. The second rejection confirms that 200SMA is strong resistance and the pair may struggle further in…
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The pair holds in green for the second day and retested initial barrier at 107.50 (05 Apr former high). Today's action is supported by 10SMA (107.10) and underpinned by daily cloud base (106.89) which maintains bullish bias. Bulls eye…
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The Euro moved higher and retested 1.24 barrier on Thursday, after strong indecision in past two days, signaled by double long-legged Doji. Overall bullish bias remains intact after strong upside rejection above 1.24, as subsequent easing…
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Cable traded within narrow consolidation range in Asia on Thursday, following strong fall in past two days and awaiting the third key release this week, UK retail sales. Pound was hit by weak data in past two days, as downbeat UK wages and…
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The loonie was slightly weaker against US dollar after a batch of data from US and Canada but stays near the highest level in two months. The USDCAD pair posted new marginally lower low at 1.2541 on Tuesday (the lowest since Feb 19) and…
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Gold price remains in red on Tuesday on reduced safe-haven demand as geopolitical tensions over Syria eased, but holds for now above Monday’s low at $1340. Rising 10SMA (currently at $1338) reinforces support zone, where dips should be…
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Pullback from new over three-year high at $67.74 found temporary footstep just ahead of $66.00 round-figure support and consolidating on Tuesday after suffering heavy losses previous day. Near-term focus is still shifted to the downside as…
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The Aussie dollar ticked higher on Tuesday, but lacking strength to retest pivots at 0.7811/13 (Fibo 61.8% of 0.7916/0.7642 / 200SMA) which were tested on Friday’s short-lived spike to 0.7810. Today’s action was capped by 100SMA (0.7789)…
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The pair stands at the back foot on Tuesday and extends pullback from new recovery high at 107.77, to probe below key support at 107.07 (daily cloud base). Monday’s close in red completed reversal pattern on daily chart, with close below…
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