Windsor News & Research Blog - Forex & CFD Market Analysis

Cable rallied after solid UK GDP data and retested pivotal barrier at 1.3395 (Fibo 38.2% of 1.3549/1.3301 / 20SMA). Final GDP was confirmed at 0.4% (q/q), unchanged from Q2 and along with expectations. Annualized GDP came at 1.7% against…
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USDCAD fell to one-week low at 1.2719 after US / Canada data. US GDP fell below expectation in Q3 (3.2% vs 3.3% f/c / prev) while US jobless claims rose unexpectedly to 245K, beating forecast for 231K and previous week's 225K. Weaker than…
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Spot Gold remains firm on Thursday, supported by weaker dollar and consolidating under fresh three-week high at $1268. Today's test of pivotal $1267/69 resistance zone (50% of $1299/$1236 descend / daily Kijun-sen / 200SMA) failed to break…
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The Aussie dollar remains directionless and trading within narrowing range capped under 200SMA. Doji candles on Tue / Wed signal strong indecision, after recovery rally from 0.7500 stalled under key barriers. Increasing signs of reversal…
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The pair remains bid and extends rally after BoJ left policy unchanged and signaled no plans for raising rates soon. BoJ said strong economy is not enough as inflation remains well below target. Fresh advance on Thursday broke above daily…
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Cable stands at the back foot on Thursday following previous day's strong upside rejection above 1.3400 handle. Today's action was capped by falling 10SMA and fresh easing pressures strong supports at 1.3334 (daily cloud top / rising…
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The Euro maintains firm tone on Thursday and consolidating under fresh high at 1.1900. Wednesday's close marginally above 1.1867 (Fibo 61.8% of 1.1961/1.1717) was bullish signal, despite strong upside rejection which left bullish daily…
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The Euro accelerated higher in the American session and broke above 1.1867 Fibo barrier, as extension above daily cloud turns focus towards key near-term barriers at 1.1961 (27 Nov high) and psychological 1.2000 resistance. Fresh strength…
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Spot Gold remains supported and extends recovery on Wednesday, heading towards strong resistance at $1267 (200SMA / 50% retracement of $1299/$1236 descend). The yellow metal moved higher after Tuesday's action ended in Doji candle as the…
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Oil price remains supported on Wednesday and ticked higher to probe above Fibo barrier at $57.79 (61.8% of $59.02/$55.81 downleg), which repeatedly capped upside attempts in previous sessions. API crude stocks report, released on Tuesday,…
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