Windsor News & Research Blog - Forex & CFD Market Analysis

Cable stands at the back foot in early Tuesday’s trading and attacks 1.3300 support broken bear-trendline connecting former 1.3337/20 highs. Monday’s action ended in Doji candle with long upper shadow, signaling possible stall, as repeated…
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The Euro extended easing from Monday’s high at 1.1961 where bulls stalled, shy of initial Fibo 76.4% target at 1.1965. Corrective easing could be seen as buying opportunity for eventual attack at psychological 1.2000 barrier, as overall…
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The pair accelerated sharply higher as the greenback was strongly boosted by upbeat US data. US new home sales unexpectedly rose in October (6.2% / 685K vs -6.0% / 625K forecast) hitting the highest level since October 2007. Fresh rally…
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Cable posted new nearly two-month high at 1.3382 on Monday after fresh bullish acceleration triggered stops above Friday’s high at 1.3359. Immediate focus lies at 1.3401 (02 Oct high) ahead of key target at 1.3415 (Fibo 61.8% of…
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Copper price moved lower on Monday, pulling back from nearly one-month high at $3.1750, posted on uninterrupted six-day rally. Dip was so far contained by strong support at $3.1198 (Fibo 38.2% of $3.0305/$3.1750 upleg), which guards another…
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WTI is holding in red at the beginning of the week, after hitting fresh high at $59.02 (the highest since late June 2015) last Friday. Oil price maintained strong bullish sentiment in past couple of weeks on strong signals of oil market…
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Spot Gold maintains bullish bias on weaker dollar and concerns about Fed’s next steps regarding interest rates, but upside attempts were repeatedly limited. Recovery faces very strong resistance, provided by the base of widening daily cloud…
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The pair remains congested between 10 SMA (0.7596) and 20SMA (0.7632) which caps upside attempts for the third straight day, along with bear-trendline from 0.8102 (20 Sep high). Corrective action from 0.7530 (21 Nov low) is likely to be…
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The pair is in red in early Monday’s trading with near-term risk turning lower, after recovery attempts from strong 111.02 support (Fibo 50% of 107.31/114.73 rally) were short-lived and capped by 200SMA (111.70). Immediate risk lies at…
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Cable ticked higher after overnight’s dips were contained by thick hourly cloud (1.3303/1.3275) which offers immediate support and keeps the downside protected. Near-term bias remains with bulls for retest of Friday’s spike high at 1.3359…
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