Windsor News & Research Blog - Forex & CFD Market Analysis

The pair bounced back to 105 zone in late Asian / early European trading after starting the week with 20-pips gap-lower and retesting Friday's low at 104.63 (the lowest since November 2016). Positive sentiment for Japanese currency…
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Canadian dollar rallied against its US counterpart on Friday, driven by better than expected Canada's inflation data (Feb CPI y/y 2.2% vs 2.0% Jan; Core y/y 1.5% vs 1.4% f/c). At the same time, Canada's retail sales undershot forecasts…
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Spot Gold hit one-month high at $1343 on fresh bullish acceleration on Friday, driven by increased safe-haven demand on rising fears about global trade war. Fresh extension higher signals continuation of recovery rally from $1307 (20 Mar…
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As signaled in my previous reports, the USDTRY pair regained its previous high at 3.9814 and surged through psychological 4.00 barrier into uncharted territory, hitting new record high at 4.0359 on Friday. There were several factors that…
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The Aussie dollar bounced above 0.77 mark on Friday after strong fall on Thursday threatened of retesting new three-month low at 0.7672, posted on Wednesday.Recovery attempts were so far limited (capped at 0.7730) as technicals are firmly…
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Cable is holding within tight range on Friday, after rallying to new 2 ½ month high at 1.4218 on Thursday but was unable to hold gains and ended day in red. Return below cracked bull-channel's upper boundary and Thursday's bearish daily…
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The Euro is holding above strong 1.23 zone supports (rising 55SMA / daily cloud top) in early Friday's trading, following strong upside rejection on probe above trendline resistance (currently at 1.2355). The price may hold in extended…
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The pair hit fresh 16-month low at 104.63 in Asian trading on Friday after eventual break below psychological 105 support.Risk aversion on fears of global trade war boosted demand for safe-haven yen after US President Trump announced…
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Bears took full control on Thursday and the pair extended weakness into second straight day, hitting session low at 105.26, two ticks above key support at 105.24 (02 Mar low). Firm bearish setup of daily techs is reinforced by dollar's…
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Sterling spiked to 1.4218, the highest since 02 Feb, after BoE kept interest rates unchanged on Thursday, but surprised markets by 7-2 voting results 9-0 expected, as two MPC members voted for rate hike.New situation within policy makers…
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