Windsor News & Research Blog - Forex & CFD Market Analysis

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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The pair extends strong rally from 1.2450 (16 Feb higher low) into fourth straight day and heads towards target at 1.2687 (09 Feb spike high) after breaking through pivotal barrier at 1.2663 (Fibo 61.8% of 1.2920/1.2248 descend. Close…
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The cross bounced on Wednesday after bears were repeatedly rejected just above psychological 0.88 support, also 50% retracement of 0.8686/0.8919 upleg and unexpected rise in UK unemployment deflated pound. Reversal of daily slow stochastic…
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Spot Gold is trading within narrow consolidation above one week low at $1325 as traders await release of FOMC minutes later today. The yellow metal fell sharply on Tuesday, driven by stronger dollar, making the strongest one-day fall since…
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WTI oil extends lower on Wednesday and penetrated rising daily cloud which underpinned the action in past couple of sessions. Tuesday's close in red was initial signal that strong four-day recovery rally from higher base at $58.10 zone is…
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Recovery rally extends into fourth straight day and probed above pivotal barriers at 107.43/48 (Fibo 38.2% of 110.48/105.54 bear-leg / falling 10SMA) to hit one-week high at 107.90 (14 Feb high). Bulls faced strong headwinds here and show…
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Cable extends weakness on Wednesday's after mixed previous day's action ended in long-tailed Doji and signaled indecision. Pound was lifted by media comments on Brexit, upside attempts above 1.40 handle were short-lived. Fresh weakness…
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The Euro continues to trend lower from 1.2555 spike high / strong upside rejection and pressures psychological support at 1.2300, in extension on previous day's strong fall which generated bearish signal on close below 1.2339 (Fibo 61.8% of…
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The Australian dollar remains firmly in red and extended weakness in Asia on Wednesday, hitting one-week low at 0.7840. Stronger US dollar continues to drive the Aussie lower, with additional pressure coming from downbeat Australian…
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