Windsor News & Research Blog - Forex & CFD Market Analysis

WTI oil price remains in red for the second day and pressure support at $57.10 (20SMA) which guards pivot at $56.75 (29 Nov higher low). Break here would signal increased risk of deeper pullback as loss of $56.75 handle would complete daily…
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Recovery is gaining pace as the pair accelerated higher on Tuesday after RBA left interest rates unchanged at 1.5% as expected. The following statement showed no changes from the previous monetary policy meeting and indicating that the…
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The pair ticked higher on Tuesday, leaving temporary footstep at 112.36 (Mon/Tue lows) intact but remaining below initial barrier at 112.78 (daily Kijun-sen). Monday's close in red and repeated rejection at daily cloud top, as well as…
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The EURUSD traded within narrow range overnight and remains directionless at the beginning of the European session. The pair is holding within triangular consolidation under 1.1961, which could extend further until generating fresh signal.…
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Cable stands at the back foot in early Tuesday's trading and pressuring Monday's low at 1.3412, n bearish acceleration from Asian high at 1.3481. Yesterday's strong upside rejection near key 1.3549 barrier and subsequent pullback was…
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Cable was on roller-coaster in Monday’s afternoon trading, initially regaining traction and bouncing near last Thu/Fri highs (1.3549), boosted by upbeat UK Construction PMI data and increasing Brexit optimism, and fell sharply to new…
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USDCAD pair remains under strong pressure on Monday and extending Friday's strong fall on upbeat Canadian data, pressuring key supports at 1.2670 zone (multiple downside rejections which formed base). Break below 1.2670 pivot and violation…
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Copper holds positive tone at the beginning of the week as manufacturing demand from China, metal's top consumer, offset immediate negative impact on stronger dollar. However, today's fresh attempts higher failed again to break above cloud…
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WTI oil price extended lower on Monday and returned below falling weekly 200SMA ($58.07) which was briefly broken in past two weeks. Reversal signal is developing on weekly chart after last week's action ended in weekly Hanging Man candle…
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Spot Gold stands at the back foot on Monday and dipped close to last week's low at $1270, after coming under fresh pressure on signals that US tax cut plan is closer to passage. Rising bearish pressure could result in break below $1270…
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