Windsor News & Research Blog - Forex & CFD Market Analysis

WTI oil stands at the back foot on Thursday after previous day’s action closed in red. Oil price fell on Wednesday on disappointing US data which showed a build in oil inventories by 2.2 million barrels, against forecasted draw of 2.8…
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DAX remains at the back foot on Thursday and consolidating within narrow range after pulling back strongly from fresh all-time high at 13530. Dips were so far contained by rising 10SMA (13359) which marks initial support and trigger for…
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Dow Jones is consolidating under fresh all-time high at 23555 posted earlier this week, with firm bullish structure remaining in play, despite strongly overbought daily studies. The price is holding above rising 10SMA (23419) which tracks…
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Nikkei 225 index for December delivery collapsed in Asia on Thursday after initially rallying to fresh multi-year high at 23420. Sharp fall spiked to 22520 low, denting initial support at 22618 (daily Tenkan-sen) but subsequent bounce made…
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The Euro is slightly bid in early Thursday’s trading and holding around 1.1600 handle, but so far without significant upside action. Key barriers at 1.1618/22 (10SMA / Tenkan-sen) are still capping, with break here needed to generate…
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Copper managed to recover Wednesday’s losses when metal’s price spiked to new one-month low at $3.0650 on strong sell-off in Asia. Near-term structure remains bearish after Tuesday’s break below triangle and today’s probe below key support…
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The cross was sharply lower on Wednesday and completely reversed gains of past three days. Fresh weakness from daily Tenkan-sen (150.24) which capped recovery leg on Tuesday cracked strong supports at 148.84/74 (Fibo 61.8% of 146.93/151.94…
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Spot Gold benefited from weaker dollar and safe-haven buying on Wednesday and reversed most losses from the previous day on bounce to $1282. Gold price is trading between daily Tenkan-sen ($1273) and Kijun-sen ($1283) for the third straight…
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Tuesday's strong downside rejection at 1.1540 zone and close above daily Kijun-sen (1.1567) suggests that two-legged pullback from 1.1715 (26 Oct high, the highest traded since the SNB scrapped 1.20 floor on 16 Jan 2015) has found footstep.…
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WTI oil extends consolidation into the second day but holds high levels around $57.00 handle after hitting the high of over two years at $57.67 on Tuesday. Stronger pullback cannot be ruled out as strongly overbought daily studies warn. Dip…
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