Windsor News & Research Blog - Forex & CFD Market Analysis

Cable fell to session low at 1.4041, unaffected by turmoil in the markets on China's retaliation on US tariffs plan but came under pressure on weak UK construction data (Construction PMI fell to 47 in Mar the lowest since July 2016 vs 50.9…
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Gold price surged on Wednesday on renewed safe haven demand after China announced tariffs on imported US goods, which shook the markets and increased uncertainty. The yellow metal peaked at $1344, retesting Monday's high, as fresh bullish…
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Oil price fell on Wednesday to new two-week low on strong acceleration after announcement on China tariffs. Fresh weakness fully retraced Tuesday's recovery after oil price peaked at $63.84, boosted by surprise drop of oil stocks (API…
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The Aussie dollar fell sharply to the session low at 0.7664 after China announced new tariffs on US good, sparking strong risk aversion in the markets. Fresh weakness erased gains on upbeat Australian retail sales, when the pair spiked to…
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The pair eases from the session high at 106.68 after repeated failure to clear strong barrier at 106.65 (Fibo 61.8% of 107.90/104.63 descend). Initial support at 106.23 (30SMA) is under pressure, with weakening momentum seeing risk of…
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Cable remains in green for the fourth straight day on Wednesday, gradually extending recovery from the higher base at 1.4010. Fresh extension higher dented pivotal barriers at 1.4090/99 (10SMA / Fibo 38.2% of 1.4243/1.4010 bear-leg) but…
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The Euro started European session at the back foot after short-lived recovery in Asia which was capped by previous congestion floor, now acting as initial resistance at 1.2283. Tuesday's strong fall was sparked after a cluster of MA's…
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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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