Windsor News & Research Blog - Forex & CFD Market Analysis

The Aussie dollar is regaining traction and returns above 0.7600 handle, after dipping to 0.7579 low, following gap-lower opening on Monday. Last Friday's strong rally which broke and closed above falling trendline (tracked the downtrend…
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Gap-higher opening on Monday and fresh extension higher which tests again the rising top of daily cloud (113.10), signals resumption of step upleg from 110.83, which showed hesitation on Friday's close in red. The dollar was inflated by…
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Cable stands at the back foot at the beginning of the week, as last week's double upside rejection at 1.3549 and Friday's close in red weighs. Risk of deeper pullback towards pivots at 1.3368/53 (rising 10SMA / Fibo 38.2% of 1.3038/1.3548…
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The Euro opened with gap lower against the dollar on Monday after the greenback was boosted by progress in US tax cut plan over the weekend. This also suggests more aggressive US rate hike, as Fed is meeting next week for the last time this…
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Canadian dollar surged against US dollar on Friday and hit three-day low, driven by upbeat domestic GDP and jobs data. Fresh acceleration retraced over 61.8% of USDCAD’s four-day rally which commenced from 1.2680 (Monday’s low) and hit the…
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The cross found footstep after steep four-day fall from 0.8981 week's high, with bears being so far contained by 200SMA (0.8795) despite brief probes below. Strength and pace of recent fall suggests corrective action as likely near-term…
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Spot Gold edged higher on Friday following steep two-day fall when the yellow metal fell to $1270, down nearly 1.5%. Softer dollar on Friday inflated metal’s price, with limited recovery expected as sentiment remains negative and tech on…
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WTI oil price moved higher on Friday and forming reversal pattern on daily chart. Thursday’s action ended in long-legged Doji and signaled stall of pullback from $59.02 peak, which was contained by rising 20SMA. Fresh recovery needs firm…
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The Aussie dollar bounced on Friday after five-day descend found footstep at 0.7550, just ahead of key support at 0.7530 (21 Nov low. Fresh recovery, propped by weaker greenback, probes above bear-trendline which tracks the downtrend since…
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Strong three-day recovery is taking a breather after rally was capped by falling 20SMA at 112.68 which formed bear-cross with 55SMA. Consolidation so far found footstep at 112.32 (broken Fibo 38.2% of 114.73/110.83 descend) but overbought…
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