Windsor News & Research Blog - Forex & CFD Market Analysis

WTI contract is trading within a narrow range just under new three-month high ($79.87) and psychological $80 barrier, as traders reduced speed ahead of key event – Fed rate decision. The US central bank is widely expected to raise…
Read More...

Recovery from 1.2800 zone extends into second straight day, adding to initial positive signal from Tuesday’s bullish engulfing, but bulls face headwinds at pivotal Fibo barrier at 1.2929 (38.2% retracement of 1.3141/1.2797 bear-leg).…
Read More...

Gold price rises for the second consecutive day, driven by weaker dollar, but traders remain cautious ahead of Fed’s rate decision at the end of two-day policy meeting. Markets widely expect the central bank to deliver another 25 basis…
Read More...

The dollar index is standing at the back foot on Wednesday, after hitting a two-week high, as traders decided to collect some profits and awaiting fresh signals from the Fed’s decision. The US Federal Reserve FOMC two-day policy meeting…
Read More...

Near-term action is holding in a sideways mode for the second consecutive day, after 2.1% acceleration of last Wed/Thu/Fri ran out of steam on approach to 142.00 zone (psychological / Fibo 61.8% of 145.06/137.23 fall). Still strong bids…
Read More...

EURCHF fell to the lowest since late September on Monday, after weaker than expected German / French / EU PMI’s in July sparked fresh acceleration lower. Bears broke through lower base at 0.9605 zone, with close below this support to…
Read More...

Cable edged lower in early Monday and hit new marginally lower two-week low, after bears probed through pivotal supports at 1.2866/48 (Fibo 50% of 1.2590/1.3141 / 20DMA) though losses were limited and near-term action influenced by Friday’s…
Read More...

EURUSD remains in red for the fifth straight day and accelerated lower on Monday morning, as weaker than expected German / EU manufacturing PMI data (hit the lowest in three years in July) further soured the sentiment. Downbeat PMI…
Read More...

WTI oil edged higher on Friday and holding near the ceiling of near-term range, but still without a clear direction. Signals that oil supplies are tightening, primarily due to the latest decisions of OPEC+ main members, Russia and Saudi…
Read More...

Gold price eases for the second straight day after repeated failure at pivotal Fibo barrier at $1986 (50% retracement of $2080/$1892), deflated by stronger dollar on renewed uncertainty about US rate outlook. The US Federal Reserve…
Read More...