Windsor News & Research Blog - Forex & CFD Market Analysis

Cable holds within tight range on Tuesday, capped at 1.40 barrier, following strong upside rejection at 1.4067 yesterday and close below 1.40, which left bearish daily candle with long upper shadow that weighs on today's action. Daily MA's…
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The Euro stands at the front foot in early European trading on Tuesday, as dollar eases ahead of key event today, the testimony of Fed Chairman Powell. Fresh strength pressures again the top of 1.2260/1.2360 congestion which extends into…
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The Euro fell in early American trading on Monday and erased almost all gains of the day, after upside attempts were repeatedly capped at 1.2355 (top of four-day congestion). The dollar rose across the board on Monday, pulling the single…
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The USDCAD pair bounces towards strong barrier at 1.2706 (falling 200SMA) on Monday after corrective dips were repeatedly rejected at 1.2610 zone and penetration of daily cloud was so far short-lived. The pair regains traction after…
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The cross accelerated from 2 ½ week low at 0.8771, posted earlier today and broke above 0.88 handle after highly-anticipated speech of opposition leader Jeremy Corbyn today. Corbyn explicitly supported customs union with EU after Brexit,…
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Copper edged higher on Monday, driven by weaker dollar and reports that imports of base metals to China jumped in January, but the rally showed signs of stall, short of last Fri/Thu highs at $3.2335 and $3.2425, keeping the upside limited…
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Spot Gold rallied on Monday, extending recovery from $1320 (22 Feb low), driven by fresh weakness of US dollar at the beginning of week. Bullish acceleration improved near-term structure as metal's price gains fresh bullish momentum and…
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WTI oil price is consolidating under new 2 ½ week high at $63.88, posted today, in extension of strong rally on Thu/Fri. Oil price was boosted on Friday by closure of oil field in Libya, with strong bullish sentiment supported by comments…
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The Australian dollar moved higher in early Monday's trading, backed by weaker US dollar, on repeated probe above rising daily cloud (cloud top lies at 0.7859) and hit levels near 0.79 barrier (round-figure resistance, reinforced by falling…
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The pair holds in red at the beginning of European session and cracked pivotal support at 106.44 (Fibo 61.8% of 105.54/107.90 upleg), after short-lived probe above 107 barrier in early Asian trading. Fresh weakness probes below the base of…
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