Windsor News & Research Blog - Forex & CFD Market Analysis

Spot Gold continues to move lower on stronger dollar, trading in red for the third straight day. Fresh weakness commenced after strong upside rejection at $1361 on Friday and extended to one-week low at $1336 on Tuesday, where daily…
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WTI rose eased on Tuesday after hitting new nearly three-week high at $62.63, as overbought slow stochastic on daily chart suggests that four-day recovery from higher base at $58.10 zone may take a breather. Rising daily cloud which…
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Sterling bounced back above 1.40 barrier on media report saying that the EU parliament was preparing to call for giving Britain privileged single market access. The rally sidelined immediate downside risk after fresh bears probed below…
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The Australian dollar stands at the back foot on Tuesday and probes below 0.79 handle, signaling extension of pullback from Friday's high and strong upside rejection at 0.7988, where recovery rally stalled just ahead of 0.7991 Fibo barrier…
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The dollar extends recovery from 105.54 (last Friday's spike low) and probes above 107 handle in early Tuesday's trading. Daily RSI and slow stochastic are heading north after reversing from oversold territory and signaling further…
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Cable remains in red for the third straight day and extends pullback from 1.4144 (16 Feb high), probing through converged 10/30SMA's at 1.3951. Repeated close below 20SMA (1.4030) on Monday and loss of psychological 1.40 support were…
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The Euro stands at the back foot on Tuesday and accelerated through support at 1.2380 (20SMA), triggering fresh extension of bear-leg from 1.2555 (16 Feb high) after Monday's action ended in Doji, signaling indecision. Studies on lower…
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The US dollar rallied against its Canadian counterpart on Friday, boosted by upbeat US housing data, while loonie came under pressure on weaker than expected Canada's data. US building permits rose by 7.4% in January, compared to -0.2% in…
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Extension of steep rally from $3.0250 (09 Feb low) resulted in break above double top at $3.2565/60 (25 Jan / 05 Feb highs) on Friday, signaling that bulls could extend towards key near-term barrier at $3.3200 (28 Dec peak / the highest…
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Spot Gold is holding just under new three-week high at $1361, maintaining strong bullish sentiment and focusing key near-term barrier at $1366 (25 Jan peak, the highest since early Aug 2016).The yellow metal is strongly supported by weak…
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