Windsor News & Research Blog - Forex & CFD Market Analysis

WTI oil price firmed above $57.00 on Friday, extending recovery from Wednesday’s low at $56.40, but still holding well below multi-month high at $57.90. Overall picture remains bullish and supported by strong signs of oil market tightening…
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The Australian dollar holds in directionless mode after Thursday’s action ended in long-legged Doji and upside attempts being repeatedly capped by 200SMA (0.7697) which limited action of this week. Overall picture remains negative and keeps…
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The pair is recovery mode on Friday and reversed some of previous day’s losses, but near-term action remains biased lower. Red daily candles in past two days weigh on near term action, as the pair is stuck around 20SMA (113.48) which was…
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The Euro is holding within tight range (1.1622/54) on Friday, following strong advance the previous day. Close above 10SMA (1.1624) which now acts as initial support, was bullish signal, but recovery is for now limited under pivotal barrier…
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Cable remains in holding mode on Friday, entrenched between 100SMA (1.3104) and 10SMA (1.3160). Bearish setup of 10 / 20 / 30 SMA’s and daily cloud above the price weigh on near-term bias, while neutral momentum studies and converged daily…
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The dollar index stands at the back foot on Thursday and probes below 10SMA (currently at $94.63) which turned into sideways mode after tracking the ascend of past two weeks. Firm break below 10SMA pivot would trigger further easing and…
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Copper resumed bear-leg from $3.1715 lower top after bears took a breather on Wednesday. Fresh weakness probed below $3.0715/$3.0650 (lows of 27 Oct and 08 Nov) and dented 55SMA which reinforces supports. Close below here would generate…
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Spot Gold advanced further on Thursday and eventually broke above one-week congestion which was capped by sideways-moving daily Kijun-sen ($1284). The yellow metal was supported by weaker dollar and dragged by daily cloud twist, hitting…
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The cross extends bounce from 0.8791 where higher low is forming and tests strong barrier at 0.8874 (20SMA). Firm break here is needed to signal continuation of two-day rally from 0.8791 and open key barriers at 0.8910 (base of thick daily…
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The pair remains in red on Thursday and hit two-week low at 1.2687 after probing below 1.2698 base and 20SMA at 1.2695. Loonie is supported by recent strength in oil prices and could extend advance against the US dollar. Firm break below…
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