Windsor News & Research Blog - Forex & CFD Market Analysis

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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Cable is consolidating on Friday after steep two-day rally, driven by positive hopes over Brexit talks and strong month-end demand, peaked at 1.3548 on Thursday. Consolidation is narrow for now and holds above 1.3500 handle, however, steep…
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The Euro holds firm tone on Friday and probes above the high of Thursday’s strong rally at 1.1932, with the downside being contained by broken Fibo 61.8% point at 1.1886. Scope is seen for push through 1.1965 barrier (Fibo 76.4% of…
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Cable surged through 1.3500 barrier on Thursday, hitting the highest level since 25 Sep. The pair extends acceleration, driven by strong bullish sentiment over Brexit talks and month-end dollar selling. Eventual break through 1.3500…
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Doji reversal pattern is forming on daily chart after yesterday’s action was repeatedly capped at 3.9729 and ended in Doji candle, with today’s bearish acceleration completing the pattern. Fresh bears cracked initial support at…
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Dow Jones hit new all-time high on Thursday, on probe above psychological 24000 barrier. Future contract for December delivery hit the highest level at 24039, in extension of uninterrupted bull-leg which extends into sixth straight day. No…
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Copper rose on Thursday and hit session high at $3.0915, boosted by better than expected Chinese data (Manufacturing PMI 51.8 in Nov vs 51.4 f/c). Doji reversal pattern is forming on daily chart after Wednesday action ended in long-legged…
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The pair extends steep ascend from 1.2670 base and pressures key barrier at 1.2916 (27 Oct recovery peak, the highest since mid-July). Strong recovery extended after double-bottom was formed (1.2665/70) and showing scope for eventual break…
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Spot Gold remains in red on Thursday and hit one-week low at $1279, extending strong fall on Wednesday after data showed the US economy has regained traction. US Gross Domestic Product rose by 3.3% in Q3, showing economy expanding in the…
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