Windsor News & Research Blog - Forex & CFD Market Analysis

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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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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