Windsor News & Research Blog - Forex & CFD Market Analysis

Cable regained traction after dipping to cloud base (1.3214) and surged above key barriers at 1.3261/66 (daily cloud top / Fibo 38.2% of 1.3655/1.3026). Fresh strength and eventual break above daily cloud signals bullish continuation for…
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The pair trades in red for the second day and probes below the floor of week-long congestion at 0.9870 zone. Near-term bears off 0.9945 (congestion tops) were additionally boosted from weak US durable goods orders data (Sep -1.2% vs 0.3%…
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The cross retested Tuesday’s high at 0.8885 on Wednesday but failed to hold gains and fell back below daily Kijun-sen which also acts as solid barrier at 0.8877. No stronger upside action was seen after Tuesday’s trading ended in…
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The Turkish lira remains under strong pressure and posted new record low against the dollar at 3.9814 on Wednesday. Fresh lira’s weakness dragged Turkish stocks significantly lower and consumer confidence fell to yearly lows. No relief seen…
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Spot Gold was modestly higher on Wednesday and extended recovery from the previous, hitting session high at $1286. Bulls were so far unable to hold gains and repeating scenario Tuesday’s scenario of quick pullback after hitting new highs.…
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WTI oil rose further on Wednesday, extending bullish acceleration of the previous day and cracked target at $57.90 (08 Nov former top). Bullish near-term structure was boosted by disruption of Canada – US pipeline and API crude stocks…
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The Aussie dollar ticked higher today following positive close on Tuesday which formed bullish outside day but so far without stronger attempts higher. Extended daily tech signal recovery, with upside attempts being so far capped under…
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Fresh bearish acceleration on Wednesday pressures again key supports at 111.90 zone (top of rising daily cloud / Fibo 38.2% of 107.31/114.73 ascend), which contained previous attacks last Fri/Mon. Extension of bear-leg from 112.70 where…
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Cable maintains firm tone but so far unable to break above daily cloud top and Fibo 38.2% of 1.3655/1.3026 (1.3261/66) which mark key near-term barriers. Yesterday’s action ended in Doji candle, signaling indecision, but today’s trading is…
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The Euro moved higher on Wednesday, on track to complete Morning Doji Star reversal pattern and signal further recovery. Fresh bullish extension from correction low at 1.1712 penetrated hourly cloud (spanned between 1.1752 and 1.1771),…
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