Windsor News & Research Blog - Forex & CFD Market Analysis

The dollar index gained traction on Wednesday, signaling that a shallow correction from new multi-month high at 105.10 (Sep 7) might be over. Larger bulls took a breather after facing headwinds on approach to key barriers at 105.13/47…
Read More...

GBPUSD was down over 40 pips this morning in immediate reaction to weaker than expected UK GDP data. The price fell to the lowest in more than three months, attempting to break out of the recent four-day consolidation and pressuring…
Read More...

Gold price fell on Tuesday, hitting the lowest in more than two weeks, pressured by fresh strength of dollar, just a day ahead of this week’s key event – US inflation report for August. Inflation in the US is likely to rise in August,…
Read More...

Cable loses traction after weak UK jobless data and dips below 1.2500 mark on Tuesday morning. Fresh weakness adds to signals that brief recovery is likely over, after Monday’s strong upside rejection which left daily candle with long…
Read More...

The European Central Bank will hold its September policy meeting on Thursday, with a million dollar question what the policymakers will decide in the situation when the central bank is pressured by two strong and opposite forces. The…
Read More...

USDJPY opened with gap-lower on Monday and fell to one week low, following 0.65% drop in Asian session. Yen received fresh support from media comments which suggest that BoJ Governor Ueda is considering possible change in monetary…
Read More...

USDJPY is holding in a sideways mode under new 2023 top for the third consecutive day but remains on track for bullish weekly close. Today’s short-lived dip was contained by rising 10DMA and left long tail on daily candle, pointing to…
Read More...

Gold price rose further on Friday, extending recovery from $1915, where the higher base is forming after three-day fall found firm ground, after being contained by 200DMA. Weaker dollar on end-of-week profit taking contributed to fresh…
Read More...

GBPUSD is taking a breather at 1.2500 zone as larger bears face headwinds on approach to pivotal 200DMA support (1.2425). Bounce from Thursday’s new multi-week low (1.2445) was so far limited and unable to sustain gains above 1.2500…
Read More...

EURUSD is consolidating just above pivotal Fibo support at 1.0695 (76.4% of 1.0516/1.1275) in early Friday, as larger bears found temporary footstep here. The pair is on track for the eight consecutive weekly close in red which…
Read More...