Windsor News & Research Blog - Forex & CFD Market Analysis

The pair is holding in narrow consolidation in early Friday’s trading, taking a break after strong fall in past three days. Bears approached key support at 110.83 (27 Nov low) on yesterday’s extension of strong fall on Wednesday. Sustained…
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Cable ticked higher on Friday, in attempts to extend recovery rally from the previous day, driven by weaker dollar, but limited upside seen so far. Bulls are lacking strength for stronger advance, holding in the middle of two-week…
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The Euro remains well supported on Friday and extends gains from the previous day when it rallied on hawkish ECB. At the same time the dollar came under pressure on downbeat US jobless claims data. Bulls approach key barriers at 1.2100 zone…
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Canadian dollar pulls back from its lowest levels in 2018 at 1.2583/90, posted on Wed / today, after concerns that US will pull out of NAFTA agreement, send loonie sharply down. USDCAD recovery rally from 1.2355 (05 Jan low) faces strong…
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The cross rallied to one-week high at 0.8912 after hawkish ECB minutes sparked fresh bullish acceleration. Rally dented target at $0.8910 (falling 100SMA) which guards pivotal barriers at 0.8924 (Fibo 38.2% of 0.9306/0.8689 descend / the…
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The Euro surged above 1.2000 barrier (psychological resistance / 10SMA) on strong bullish acceleration, driven by hawkish minutes of ECB's Dec meeting. The European central bank said it will revisit its policy message in early 2018,…
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Copper extends recovery from two-week low at $3.2115 on Thursday, as softer dollar and positive fundamentals support the metal's price. Recovery action today stays capped by the base of 4-hr cloud which is narrowing and twists tomorrow at…
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WTI oil continues to trend higher and probed above $64 per barrel for the first time since December 2014. Strong bullish sentiment over declining US stockpiles (the latest report on Wednesday showed draw of 4.94 million barrels vs…
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Spot Gold remains constructive on Thursday but holding under new four-month high at $1327, posted on Wednesday. The yellow metal pared gains as dollar managed to regain ground after being hit by news from China regarding reduction or halt…
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The pair bounces on Thursday after suffering heavy losses in past two days with strong bearish acceleration on Wednesday on China's US treasuries purchase story. Wednesday fall was the biggest one-day fall since Nov 22 and hit 1 ½ month low…
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