Windsor News & Research Blog - Forex & CFD Market Analysis

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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Silver price edged higher early Tuesday, as bears take a breather after strong acceleration in past two days (down almost 7%) hit the lowest in over six months. The US dollar rose further and remains supported by signals that the Fed is…
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AUDUSD extends steep fall into second consecutive day and hit new lowest in eleven months in early Tuesday. The pair was down 0.8% in Asian / early European trading on Tuesday, in extension of Monday’s 0.93% drop, signaling bearish…
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Cable lost ground on Monday and retraced the most of bounce from new multi-month low (1.2110) in past two days. Friday’s candle with long upper shadow signaled that recovery was strongly rejected and formation of a bull-trap above…
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EURUSD accelerated lower in early Monday trading, generating initial signal that two-day recovery is likely over, and larger bears are regaining control. The notion is supported by the long shadow of Friday’s daily candle, which…
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Gold keeps negative tone at the beginning of the week and fell to new lowest in almost seven months ($1839) in early European trading on Monday. The metal extends steep fall into sixth straight day after registering weekly loss of 4%…
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EURGBP regained ground on Friday and bounced from correction low (0.8630) completing the fourth (corrective) wave of five-wave cycle from 0.8492 (Aug 23 low). The price is currently riding on the fifth wave, which should extend towards…
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Profit-taking on dollar longs at the end of Q3 lifts sterling for the second day, pushing the price to one-week high. Slightly stronger UK economic growth in the second quarter, compared to Q1 and consensus, may boost optimism and add to…
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