Windsor News & Research Blog - Forex & CFD Market Analysis

Pullback from new over three-year high at $67.74 found temporary footstep just ahead of $66.00 round-figure support and consolidating on Tuesday after suffering heavy losses previous day. Near-term focus is still shifted to the downside as…
Read More...

The Aussie dollar ticked higher on Tuesday, but lacking strength to retest pivots at 0.7811/13 (Fibo 61.8% of 0.7916/0.7642 / 200SMA) which were tested on Friday’s short-lived spike to 0.7810. Today’s action was capped by 100SMA (0.7789)…
Read More...

The pair stands at the back foot on Tuesday and extends pullback from new recovery high at 107.77, to probe below key support at 107.07 (daily cloud base). Monday’s close in red completed reversal pattern on daily chart, with close below…
Read More...

The Euro probes above 1.24 barrier on Tuesday and hit new three-week highs in extension of bull-leg from 1.2299 (12 Apr trough). Bullish signal was generated on Monday’s close above 1.2377 pivot (Fibo 61.8% of 1.2476/1.2215 descend) and…
Read More...

Cable continues to trend higher and hit new post-Brexit recovery high at 1.4369 on Tuesday as extension of Monday’s strong rally broke above previous 2018 high at 1.2344 (25 Jan). Pound remains supported on rising expectations of BoE’s…
Read More...

The pair started to gain traction on Monday and bounced to 4.1175 after pullback from new record high at 4.1932 (11 Apr) found footstep at 4.0720, just above rising 10SMA, which currently lies at 4.0693. Overall bullish structure is…
Read More...

Cable broke above 1.4300 barrier for the first time since 25 Jan, in fresh bullish acceleration on Monday, which offset initial signal of stall from Friday's Shooting star. Sterling extends bull-leg off 1.3965 (05 Apr trough) and is on…
Read More...

Oil price fell over 1% on Monday on growing signs that weekend air strikes on Syria were unlikely to escalate. Rising geopolitical tensions sent oil price to the highest levels in over three years at $67.74 last week, which resulted in…
Read More...

The pair holds between daily cloud base (107.16) and cracked Fibo barrier at 107.56 (50% retracement of 110.48/104.63 bear-leg) on Monday, but keeping bullish bias while above cloud base. Friday's upside rejection at 107.77 and failure to…
Read More...

Cable is standing at the front foot in the early European trading despite upside rejection at 1.4268 (session high). Overall structure remains bullish and keeps target at 1.4300 in focus, after key near-term barrier at 1.4244 (27/26 Mar…
Read More...