Windsor News & Research Blog - Forex & CFD Market Analysis

Cable eventually broke above 1.40 barrier on Monday after being congested under it for past four days. Fresh bullish acceleration on Monday was sparked by comments about UK and EU reached Brexit deal, and sent pound to new one-month high…
Read More...

Copper price fell sharply on Monday, extending pullback from last week's spike high at $3.1905, to nearly fully retrace $3.0540/$3.1905 recovery leg on dip to $3.0570 so far. The metal maintained bearish bias from last Wednesday's upside…
Read More...

Spot Gold extended weakness from the previous week and hit new 2 ½ week low at $1307 on Monday. The yellow metal remains under pressure on stronger dollar, as market are anticipating 0.25% increase on FOMC meeting this week but persisting…
Read More...

WTI oil price eased on Monday and trading within narrow consolidation under new two-week high at $62.52, posted on strong rally last Friday. Friday's bullish acceleration was capped by ascending 55SMA and Fibo 61.8% of $64.22/$69.94…
Read More...

The Australian dollar stays in red at the beginning of the week and extends below key support at 0.7712 (01 Mar former low). Extension of last Thu/Fri sharp fall eyes Fibo 123.6% projection at 0.7664 and could stretch to test weekly cloud…
Read More...

The pair holds in red on Monday and probes again through 106 support (Fibo 61.8% of 105.24/107.29 upleg), following last Friday's short-lived dip to 105.60, two-week low). Negative daily techs maintain pressure as last week's strong upside…
Read More...

Cable holds within tight range on Monday, capped by descending cloud top (1.3961) but near-term action is supported by converged daily MA's (10/20/30) at 1.3900 zone and forming bull-crosses. Rising 55SMA (1.3888) continues to underpin…
Read More...

The Euro stands at the back foot at the beginning of the week, with FOMC meeting being in focus. Fresh probes below 55SMA (1.2282) and 1.2265 (Fibo 61.8% of 1.2154/1.2445 upleg) which were cracked last Friday, keep near-tern negative tone…
Read More...

The Euro probed below key supports at 1.2271/65 (55SMA / Fibo 61.8% of 1.2154/1.2445 upleg) as the dollar firmed after upbeat IP and Michigan data. The pair is on track for daily close in the cloud and below1.2271/65 pivots, which would…
Read More...

WTI oil holds steady on Friday and remains in green for the third straight day, driven higher by weaker dollar. Fresh attempts into daily cloud come after Thursday's probe through cloud base ($61.23) and spike to $61.53 proved to be false…
Read More...