Windsor News & Research Blog - Forex & CFD Market Analysis

US non-farm payrolls more than doubled expectations in September, sending signal that US labor market remains resilient and leaving room for the Federal Reserve to further raise interest rates this year. The economy created 336,000 jobs…
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WTI oil remains at the back foot and holding at the lowest in five weeks on Friday, following a strong fall in past two days (down 7.6%). Renewed concerns about further slowdown in global economic growth on keeping high interest rates…
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The dollar index is trading within a narrow range on Friday morning and expected quiet mode, as markets await release of the US NFP report, key event of the week. Near-term action remains above trendline support (106.01), following a…
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USDJPY is holding around the mid-point of Tuesday’s volatile action which moved within 150.16/147.29 range, sparked by signals that Japanese authorities intervened to support weakening yen. The latest reports from Bank of Japan suggest…
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Gold price turned sideways and holding within a narrow range for the second straight day, consolidating after seven-day steep fall. Larger bears slowed pace ahead of key release of this week – US non-farm payroll report for September-…
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Cable started to lose traction in early European trading on Thursday, after Wednesday’s recovery, supported by better than expected UK services PMI and US ADP miss, stalled under initial resistance – falling 10DMA (1.2173), which continued…
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WTI oil is about to resume the downtrend after a tight consolidation in early Thursday, following a sharp fall previous day (the contract was down 5.5% for the day in the biggest daily loss since 5 July 2022). Renewed concerns about…
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EURUSD is in recovery mode on Wednesday, as oversold conditions on daily chart prompted a partial profit-taking and much weaker than expected US ADP report added to support. Daily RSI emerged from oversold territory and 14-d momentum is…
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The dollar index edges lower from new 2023 high in European session on Wednesday, driven by a partial profit-taking, as the price faced headwinds at 107 zone (50% retracement of 114.72/99.20 downtrend / psychological / weekly Ichimoku cloud…
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USDJPY regained traction in early Wednesday’s trading and held above 149 mark, following turbulent action in the US session on Tuesday. The pair cracked psychological 150 barrier after upbeat US JOLTS job openings report and hit the…
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