Windsor News & Research Blog - Forex & CFD Market Analysis

The Euro ticked higher in early Monday's trading, testing levels above 1.23 handle, but without clear near-term direction, as the pair holds within 1.2260/1.2360 congestion and extends range-trading into fourth consecutive day. Some…
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WTI oil price rose further on Friday, maintaining strong bullish sentiment after upbeat supply data and hit new 2 ½ week high at $63.31.Fresh bullish acceleration was boosted by news that oilfield in Libya was shut due to unrest, which…
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Loonie jumped around 100 pips against its US counterpart after Canadian inflation surprised in January, coming well above forecast. Underlying inflation firmed in January while annualized CPI rose by 1.7%, pulling back from previous…
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Spot Gold eased on Friday after failing to regain previous day rally's high at $1332. The downside remains vulnerable after bounce from $1320 (new 1 ½ week low) stalled, but immediate downside risk is limited as the price remains above the…
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WTI oil price is consolidating under fresh over two-week high at $63.07, posted on Thursday when oil prices surged on positive US crude inventories data.EIA weekly report showed unexpected fall in US crude inventories against forecasted…
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The pair turned to red on Friday and is back into daily cloud after failing to capitalize from Thursday's rally and marginal close above cloud top. Near-term focus shifts lower again, supported by bearish setup of daily MA's (10;20;30) and…
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The pair is consolidating on Friday after suffering heavy losses previous day. Near-term action is holding below 107 handle (broken Fibo 38.2% of 105.54/107.90 upleg, reinforced by falling 10SMA) for now and maintains downside pressure,…
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Cable holds positive tone and rallies towards initial barrier at 1.3988 (30SMA / Thu high) after generating bullish signal on strong downside rejection at 1.3856 on Thursday. Bullish acceleration in early European trading is forming…
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The Euro stands at the back foot in early Friday's trading and probes below 1.23 handle, focusing initial support at 1.2259 (22 Feb low). Recovery attempts on Thursday were limited by 30SMA that kept bearish near-term bias in play, despite…
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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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