Windsor News & Research Blog - Forex & CFD Market Analysis

GBPUSD was sharply lower in European trading on Wednesday, as the price broke pivotal support provided by daily cloud base, with downbeat UK PMI data further souring near-term sentiment and adding to bearish pressure. UK manufacturing…
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The Euro remains under increased pressure in early Wednesday and fell to the lowest in nine weeks, after probe through former higher base at 1.0835 zone (late June / early July. Eurozone PMI data was the key release of the European…
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Cable continues to move within thickening daily cloud and hit new marginally higher two-week high on Tuesday, but quick pullback warns that bulls might be losing traction. Near-term action is expected to keep slight bullish bias while…
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Australian dollar edged higher on Monday and is on track for possible first bullish daily close in ten days, which may generate initial reversal signal. Long tails of candles of past two days point to growing bids, with daily stochastic…
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Gold is holding within a narrow consolidation, just above new five-month low, for the second consecutive day. Larger bears started to lose steam after four straight weeks of losses (down 3.6%), as traders reduced pace on oversold daily…
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The Euro is keeping slight bullish bias in early Monday and probing above broken Fibo support at 1.0879 (61.8% of 1.0635/1.1275 rally), as oversold stochastic on daily chart points to some price adjustment before larger bears regain…
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The dollar index hit new near two-month high on Friday, after price action slightly reduced speed on Thursday. Break of Fibo resistance at 103.32 (76.4% of 104.59/99.20) marks fresh bullish signal, which looks for confirmation on weekly…
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The pair is holding in red for the second consecutive day, as larger bulls were hurt by fresh risk aversion, with overbought daily studies prompting traders to start collecting profits. Bulls probed through Fibo resistance at 146.10…
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GBPUSD dips on Friday morning following much bigger than expected drop in UK retail sales, which fell by 3.2% in July after 1.6% drop in June and strongly beating forecast for 2.2% fall. Traders sold pound after downbeat data further…
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Australian dollar spiked to the lowest since early November on Wednesday, hit by downbeat Australia’s labor data (employment fell by 14.6K in July after 31.6K increase in June and well below forecast for 15K increase, while unemployment…
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