Windsor News & Research Blog - Forex & CFD Market Analysis

EURUSD remains at the back foot and extends weakness into second straight day, cracking pivotal supports at 1.0883/68 (55DMA / Fibo 38.2% of 1.0635/1.1012 upleg). German inflation rose above expectations in June, adding to rate hike…
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Gold price fell further and hit new multi-week low on Thursday, following break of psychological $1900 support. The yellow metal price remains firmly in red, weighed by hawkish central banks which signaled further rate hikes to continue…
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EURGBP is consolidating after 0.70% advance in past two days, sparked by renewed ECB and Fed’s hawkishness, but keeps firm tone for renewed attack at pivotal 0.8643/54 barriers (Fibo 38.2% of 0.8875/0.8518 / 10WMA) where bulls faced…
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USDJPY hit new highest since Nov 10 in early European trading on Thursday (144.69), approaching significant 145 level, above which the Bank of Japan signaled it may intervene to support its weakening currency. Yen remains under increased…
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Cable was sharply down on Wednesday, losing 0.9% until early US session, as pound was weaker against all major counterparts. Fresh bears broke below the floor of the recent range (1.2684) and cracked key near-term supports at 1.2641/34…
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The dollar index rose on Wednesday, as greenback regained traction on fresh weakness of index’s major components – Euro and British pound. Fresh advance fully reversed Tuesday’s dip and generated an initial signal that two-day pullback…
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Australian dollar accelerated lower and hit three-week low in early Wednesday’s trading, signaling continuation of larger downtrend which paused in past two days. Strong decrease in Australian inflation (May 5.6% vs 6.1% f/c; Apr 6.8%)…
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Gold remains under pressure and probes through key Fibo support at $1909 (61.8% of $1804/$2080 rally) where the action was repeatedly rejected on Tuesday and Friday and hit the lowest in 3 ½ months. Bullion is weighed by renewed…
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WTI oil edged higher in early Wednesday, following 2.2% drop on Tuesday, positively impacted by stronger than expected draw in US crude inventories (API report) but keeps bearish bias. Oil prices fell on Tuesday on fresh hawkish signals…
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EURUSD was sharply up in European / early US session on Tuesday, reversing the large part of last Thu/Fri pullback and shifting near-term focus to the upside on signals that correction from new multi-week high (1.1012) is likely over.…
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