Windsor News & Research Blog - Forex & CFD Market Analysis

Recovery action from 104.63 low shows signs of stall after Tuesday's extension higher was strongly rejected at key double-Fibonacci barrier at 105.87 (Fibo 61.8% of 106.64/104.63 / Fibo 38.2% of 107.90/104.63 descend) and capped by falling…
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Cable holds in red in early Wednesday's trading and capped by the upper boundary of bull-channel.Double rejection at 1.4244 on Mon/Tue and Tuesday's bearish close signal double-top formation which could trigger further easing, as…
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The Euro stands at the back foot on Wednesday and hit session low at 1.2383, just above key support - top of thick daily cloud. Weaker than expected EU data on Tuesday and fresh strength of the greenback on easing fears about trade war,…
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Spot Gold pulled back from new high at $1356 (the highest since 16 Feb) on Tuesday, as fresh strength of the US dollar on hopes that stronger conflict between US and China regarding tariffs could be avoided, pressured yellow metal's price.…
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The dollar rallies on Tuesday, boosted by fading fears about trade war between the US and China. The dollar index accelerated from 88.50 zone where weakness of past three weeks found support and subsequent bounce signals formation of base.…
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The Euro eases from session high at 1.2476 after attempts through 20-d upper Bollinger band and Fibo 76.4% of 1.2555/1.2154 repeatedly failed. Stronger dollar and weaker than expected EU Business Climate data helped fresh bears, but…
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Sterling was sharply lower in mid-European trading and reversed Monday's rally, as report released on Monday signaled easing tensions between US and China as two sides were negotiating to improve US access to Chinese markets, which boosted…
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The Aussie dollar moved lower after hitting marginally higher recovery high at 0.7757 in early Asian trading, unable to sustain probes above falling 10SMA (currently at 0.7740). The pair returned to negative tone in early Tuesday's…
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The pair ticked higher in extension of strong bounce on Monday and hit session high at 105.75, helped by fresh risk sentiment. Recovery approaches initial barriers at 105.83/87 (falling 10SMA / Fibo 61.8% of 106.64/104.63), with downside…
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Cable eases in early European trading after folding within tight consolidation overnight and retested Monday's seven-week high at 1.4244. The price is so far holding above broken bull-channel upper boundary and keeping immediate focus at…
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