Windsor News & Research Blog - Forex & CFD Market Analysis

The pair trades within narrow consolidation on Thursday, holding under new high at 109.46, posted after another strong rally on Wednesday and retested today. Eventual close above daily cloud top was bullish signal, but overbought daily RSI…
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Cable stands at the back foot on Thursday and pressures temporary base at 1.3920, where recent strong fall from 1.4376 peak found footstep. Narrow consolidation in past few sessions remained capped under pivotal 1.40 barrier (psychological…
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The Euro moved higher in early Thursday's trading after retesting low at 1.2159, posted on strong fall of Wednesday. Larger bears found footstep here and bounce could be positioning for fresh weakness, as overall picture is negative.…
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WTI oil hit session low at $67.10 and cracked Tuesday’s spike low support at $67.12, after EIA report showed unexpected build in crude stocks last week. Inventories rose by 2.17 million barrels, strongly undershooting forecast for 1.6…
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Copper price shows strong indecision on Wednesday, as repeated failures to break through falling thin daily cloud (3.1294/3.1575), shaped today's action in long-legged Doji, signaling strong indecision, in addition to daily candles with…
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WTI oil stands at the back foot on Wednesday and breaks below 10SMA ($67.64) which contained downside attempts in past two days. Fresh weakness emerged after repeated rejections under $70 target ($69.54 and $36) as oil price lost support…
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Turkish lira spiked to session high at 4.0304 (the highest since 20Apr) against US dollar after CBRT rate announcement today, but gains were so far short-lived, as the pair subsequently bounced above 4.10 barrier. Turkish central bank…
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The Aussie extended weakness on Wednesday and hit new 4 ½ month low at 0.7562, offsetting initial reversal signal on Tuesday's Doji candle. Bears so far ignore oversold conditions on daily chart and keep the pair under pressure, as…
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Cable holds within narrow congestion between the top of thin daily cloud (1.3931) and psychological 1.40 barrier (also55SMA) on Wednesday. Steep six-day fall from 1.4376 peak found footstep at cloud top and entered consolidation, also…
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The Euro holds firmly in red in early European trading on Wednesday after recovery attempts in Asia were repeatedly capped by daily cloud base. Hopes of forming a base above key Fibo support at 1.2172 after Tuesday's action was rejected at…
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