Windsor News & Research Blog - Forex & CFD Market Analysis

Copper price eased on Friday after Chinese data showed a sharp decline of metal’s imports in December. The price was down to the session low at $3.2215, on decline from Asian high at $3.2475. Near-term price action is moving within…
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WTI oil eased on Friday from new high at $64.75 (the highest from late 2014) posted previous day) but holding high for now. Overall picture remains bright on bullish techs and positive sentiment, with the contract being on track for the…
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Bulls accelerated on Friday to new 4-month high on broadly weaker dollar, signaling continuation of larger uptrend from $1236 (12 Dec low). Fresh bullish acceleration took out barrier at $1328 (Fibo 76.4% of $1357/$1236), eyeing barriers at…
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The pair remains under strong pressure and holding firmly in red for the third straight day, following repeated upside rejection at daily cloud base earlier this week. Today’s fresh bearish extension pressures key support at 0.9699 (02 Jan…
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The Aussie eases on Friday after hitting new high at 0.7904 on probe above key barriers at 0.7886 (Fibo 61.8% of 0.8124/0.7500) and 0.7897 (13 Oct lower high). The pair came under pressure on downbeat China imports data (4.5% in Dec vs…
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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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