Windsor News & Research Blog - Forex & CFD Market Analysis

The dollar index eases from new 2023 high (106.52) on Thursday, as bulls faced headwinds from overbought condition on daily chart and top of thickening weekly Ichimoku cloud (106.61). The greenback remains well supported by better than…
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EURGBP extends pullback from new multi-week high (0.8705) into second consecutive day, adding to initial warning of stall and formation of reversal pattern on daily chart. Larger bulls faced a multiple rejection under pivotal 200DMA…
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USDJPY edged lower from new multi-month high in early Thursday’s trading, as bulls approached psychological 150 barrier and started to face headwinds. Overbough daily studies and possibility that Japanese officials may intervene around…
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Bears are taking a breather just above 2023 low (1.0483) following steep bearish acceleration in past six days (the pair was down 1.7%), as daily indicators fell deep in oversold territory, prompting traders to collect some profits.…
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Gold price extends fresh bearish acceleration into third straight day and dipped below $1900 level, hitting the lowest in five weeks on Wednesday. Bears cracked key near-term support at $1884 (Aug 17/21 lows) with sustained break lower…
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WTI oil price rose around $1.5 a barrel in European trading on Wednesday, as concerns about tight supply ahead of winter season sidelined worries of weaker demand on economic slowdown in the US and Europe. Signals that the US economy is…
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EURGBP keeps bullish stance but a multiple failure under 200DMA (0.8709) warn that bulls face strong headwinds and keep larger rally on hold. The price has stayed below 200DMA indicator since early May that adds to signals of stall, as…
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EURUSD hit new multi-month low early Wednesday and showing scope for further weakness after break of pivotal Fibo support at 1.0611 (38.2% of 0.9535/1.1275) generated fresh bearish signal. Bears cracked next strong support at 1.0553 (top…
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Cable dips below 1.22 mark on Tuesday, hitting the levels last traded in mid-March, in extension of the downtrend which steepened in past five days. Soured risk sentiment and strong dollar on signals that the Fed may raise interest rates…
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Gold price fell to ten-day low on Tuesday, under increased pressure from rising dollar which is trading at the highest in ten months. Fed’s narrative about one more rate hike towards the end of the year and signals that the central bank…
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