Windsor News & Research Blog - Forex & CFD Market Analysis

The pair was sharply lower on Tuesday and hit one week low at 1.2810, as Canadian dollar strengthened on optimism over NAFTA trade deal and crude oil steadied after suffering strong losses on Monday. Today’s weakness probes below former…
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The Euro enters the American session at the back foot and pressures the floor of four-day congestion at 1.2280 zone, after upside attempts in early European trading stalled on attempts through congestion tops, reinforced by converged…
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The USDTRY holds in a steady recovery from 3.9338 (29 Mar low, posted after sharp fall) which extends into third straight day and retraced so far 61.8% of 4.0150/3.9338 dip. Recovery rally returned above rising 10SMA (currently at 3.9622…
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Oil price moved higher on Tuesday, retracing a part of Monday’s strong fall (oil price was down 3.2% in the biggest one-day fall since 07 Feb). Oil price came under pressure on concerns over increased Russian output which offset…
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The Aussie dollar bounced from 0.7650 (floor five-day congestion) on Tuesday and tested range top at 0.7706, after Australian central bank kept rates unchanged at record low at 1.5% for 20 straight months and showing no signs of any change…
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The pair regains traction and returns above 106 handle in early European trading on Tuesday, after being under pressure in Asia, for extension of bear-leg of past three days from 107.01. Overnight’s dip was contained just above Monday’s…
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Cable extends recovery on Tuesday and pressures pivotal barrier at 1.4099 (10SMA / Fibo 38.2% of 1.4243/1.4010 bear-leg), looking for stronger bullish signal on break. Near-term bulls are regaining traction after pullback from 1.4243…
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The Euro moved higher in early European trading after quiet trading in Asia on Tuesday. Downbeat German retail sales data showed no impact, with focus turning towards Manufacturing PMI data from EU members. Fresh attempts higher struggle…
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Recovery picks up pace on Monday and cracked pivotal barrier at $1338 (Fibo 38.2% of $1356/$1321 bear-leg). Fresh bullish acceleration completes Doji reversal pattern on daily chart which signals further recovery. Softer dollar underpins…
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WTI oil maintains positive tone on Monday and extends recovery from last week's correction low at $63.71. Oil price regained momentum after pullback from $66.53 peak stalled on attempts through important Fibo support at $64.08 and…
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