Windsor News & Research Blog - Forex & CFD Market Analysis

WTI oil price rose to new 2 ½ month high, after a brief consolidation around pivotal Fibo barrier at $75.92 (61.8% retracement of $83.51/$63.63 descend). Bulls for now ignore overbought daily studies and resume rally, in which the…
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Gold keeps firm tone on Thursday and extends Wednesday’s 1.3% advance, sparked by softer than expected US June inflation. Fresh bulls cracked pivotal resistance zone at $1961/64 (55DMA / Fibo 38.2% of $2080/$1892), with firm break here…
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Cable surged through psychological 1.30 barrier on Thursday and hit the highest since mid-April 2022, after receiving fresh boost from better than expected UK May GDP data. UK economy contracted by 0.1% in May, beating expectations for…
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EURUSD is holding near new 2023 high and the highest since Apr 2022 on Thursday morning, following 1.1% advance on Wednesday (the biggest daily gains since Feb 1). Weaker than expected US inflation in June added pressure on dollar on…
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USDJPY fell to six-week low on Wednesday, extending steep downtrend into fifth straight day, in fresh acceleration after softer than expected US CPI data. The dollar lost ground on initial signals that Fed’s tightening cycle is nearing…
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US inflation continued to ease in June, remaining in a downward trajectory from 9.1% peak (June 2022) for the thirteenth consecutive month and boosting optimism, although US policymakers remain cautious about the pace of decline, which is…
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Cable eases from new 15-month high (1.2969), posted in late Asian trading on Wednesday, as bulls faced headwinds on approach to psychological 1.30 barrier, due to overbought daily studies. Wednesday’s action was so far shaped in a…
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EURUSD is establishing above key levels at 1.1000/12 (psychological / June 22 peak), lifted by renewed risk appetite, as the dollar was sold across the board on signals that Fed’s tightening cycle is nearing its end. The single currency…
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The dollar index hit two-month low on Tuesday, as steep fall off 103.21/25 double-top (Jun 30/July 6) extends into fourth consecutive day and probed below key supports at 101.48/43 (Jun 22 low / Fibo 76.4% of 100.45/104.59 ascend). The…
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Australian dollar edged lower on Tuesday, pushing towards the mid-point of near-term range (0.6595/0.6705) after 200DMA (0.6697) again capped upside attempts, fueled by improved Australian Jun consumer sentiment and business confidence…
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