Windsor News & Research Blog - Forex & CFD Market Analysis

The Euro extended recovery on Thursday to 1.2352 but remains under initial barrier at 1.2361 (10SMA).Profit-taking after four-day fall may boost the Euro further but no stronger recovery is seen.Hawkish Fed minutes yesterday added to the…
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Recovery rally from 3.7380 (16 Feb low) shows strong signs of stall as thick daily cloud (cloud base lies at 3.7974) continues to cap (brief probes in past couple of sessions through cloud base were short-lived). Repeated strong upside…
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Spot Gold is consolidating above new 1 ½ week low at $1320 (Fibo 76.4% of $1307/$1361 upleg) posted on Thursday, but maintains negative tone and holds in red for the fifth consecutive day. Hawkish tone from Fed minutes released on…
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WTI oil price fell further on Thursday, driven by stronger dollar and probed below pivotal support at $60.93 (Fibo 38.2% of $58.19/$62.63 upleg). Today's dip was contained by 10SMA ($60.75) with subsequent bounce signaling hesitation at…
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The pair entered consolidation phase on Thursday, following strong fall the previous day, after Fed minutes inflated the greenback.Near-term action is moving within daily cloud, which was penetrated on Wednesday's strong bearish…
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Cable continues to trend lower and hit new low at 1.3869 in early European trading on Thursday (the lowest since 16 Feb), pressured by stronger dollar. Bearish setup on daily techs adds to negative near-term outlook which could drive pound…
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The pair holds in red on Thursday and showing initial signal of reversal after strong rally of past four days stalled on approach at 108 barrier. Pullback from recovery high at 107.90, posted on Wednesday, returned below falling 10SMA…
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The Euro remains in red on Thursday and hit 1 ½ week low at 1.2259 after Fed minutes further inflated the dollar. Minutes of Fed's 30/31 Jan policy meeting showed the US policymakers upgraded their forecasts for economic outlook since…
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Sterling bounced after cracking important support at 1.3909 (Fibo 61.8% of 1.3764/1.4144 upleg) on unexpected rise in UK unemployment but dip was again short-lived, forming another long-tailed daily candle. However, series of lower highs…
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Extension of pullback from $3.2710 peak (16 Feb) broke into daily cloud on Wednesday and hit one-week low at $3.1630 (near mid-point of daily cloud, spanned between $3.1895 and $3.1312) where bears were contained by 10SMA. Subsequent…
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