Windsor News & Research Blog - Forex & CFD Market Analysis

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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EURUSD came under renewed pressure in mid-European / early US trading on Monday and broke through pivotal support at 1.0611(Fibo 38.2% of 0.9535/1.1275 rally), after bears were repeatedly rejected last Thu/Fri. Fresh weakness signals…
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USDJPY extends advance and hit the highest since early November in early Monday, as the greenback enjoys strong support from diverging Fed and BOJ monetary policies and less talks about Japan’s intervention In the last week’s meeting,…
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The dollar index keeps firm tone and penetrating thickening weekly cloud in early Monday (cloud base lays at 105.25) after registering a weekly close above pivotal Fibo barrier at 105.13 (38.2% retracement of 114.72/99.20 downtrend) which…
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Bears tightened grip on Friday, offsetting initial positive signal of Thursday’s long-tailed daily candle, formed on post-BoE dip and subsequent bounce. Fresh weakness is pressuring six-month low (1.2231) and nearby 55WMA (1.2204) which…
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EURUSD keeps negative tone, but near-term action seems to be lacking firmer direction signals. Wednesday’s strong upside rejection left a daily candle with long upper shadow and formed a bull-trap above 10 DMA, signaling strong bearish…
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USDJPY bounced after BOJ policy decision, reversing Thursday’s loss and pressuring new 2023 high. The Bank of Japan left its ultra-low interest rate unchanged, in line with expectations and kept its dovish stance in a forward guidance…
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Cable dipped to the lowest in six months on Thursday after the Bank of England kept rates unchanged for the fist time since December 2021 and against consensus for 25 basis points hike. The policymakers were split and voted by narrow 5-4…
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