Windsor News & Research Blog - Forex & CFD Market Analysis

Cable bounced to 1.3900 are in European trading after easing to 1.3857 in Asia, following gap-higher opening on Monday. Overall bulls remain intact despite repeated strong rejections at 1.3942 and conflicting technical / political factors…
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The Euro opened with gap-higher on Monday against the dollar which came under increased pressure on US government shutdown, but eased during Asian session as greenback started to regain traction. The pair peaked at 1.2271 after opening and…
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Spot Gold price jumped on Friday as dollar weakened on political uncertainty in the US.Reversal pattern was formed on daily chart following today's bounce to $1338, which marks over 61.8% retracement of $1344/$1324 pullback and suggests…
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Pound is attempting to stabilize above 1.3900 handle which was retested after quick fall on UK retail sales miss. Retail sales numbers disappointed in December (m/m -1.5% vs -0.6% f/c and y/y 1.3% vs 3.0% f/c), softening near-term tone and…
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The Aussie is firmly above 0.80 handle and hit new four-month high at 0.8038 on Friday, boosted by fresh weakness of the greenback on fears of US government shutdown. Fresh extension of larger uptrend from 0.7500 (8 Dec low) focuses 0.8102…
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The pair remains firmly in red on Friday and accelerated lower on fresh political uncertainty in the US which pressured the greenback. Fresh weakness dipped to 110.49, retracing the biggest part of 110.19/111.48 recovery leg and turning…
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Fresh bullish extension on Friday pressures new post-Brexit vote recovery high at 1.3942 (Wednesday's spike high). Cable maintains strong bullish sentiment and eyes psychological 1.4000 barrier for test, as weaker dollar underpins. Strong…
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The Euro remains firm on Friday and extends recovery from 1.2165 (Fibo support / Thursday's low) where corrective dip off 1.2323 peak found support. The single currency was boosted by fresh weakness of the dollar, pressured by fears about…
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Copper price rose on Thursday, boosted by strong Chinese IP data and better than expected Q4 GDP numbers. The metal bounced from strong support at $3.1758 (Fibo 38.2% of $2.9425/$3.3200 upleg) reinforced by rising 30SMA, where corrective…
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The USDTRY pair dipped after Turkish central bank left interest rates unchanged in its first meeting in 2018. The action was widely expected as Turkish President Erdogan opposes high interest rates to provide cheap credit to boost growth.…
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