Windsor News & Research Blog - Forex & CFD Market Analysis

The USDCHF rises for the second day from new 5-week low (0.8901) ahead of the Swiss National Bank’s policy meeting on Thursday. Over 60% of current market bets for a half percent hike is fading, on rising number of those who expect the…
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The cross remains at the back foot on Monday and hit new 2023 low (0.8518) also the lowest since 19 Aug 2022. Sterling continues to rise on expectations for another BoE rate hike, as the MPC meets on Thursday and widely expected to…
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The Euro edged lower in early Monday, adding downside risk after Friday’s long-legged Doji signaled strong indecision. Last week’s rally (nearly 1.8% up for the week) accelerated strongly on Thursday on hawkish ECB but faced strong…
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Cable is riding on extended third wave of five-wave cycle from 1.2307 (May 25 higher low) which hit Fibonacci extension 200% on Friday. Steep upleg from 1.2486 (June 12 trough) extends into fourth consecutive day, hitting new 14-month…
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The dollar index is on track for the third consecutive week in red and for the biggest weekly loss since the second week of November. Sharp bearish acceleration in past three days (down 1.75%) hit five-week low (101.57) where bears faced…
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The EURJPY cross rose to new 15-year high on Friday, extending a steep upleg from 148.60 higher base into sixth straight day, and also on track for the biggest weekly gain since the second week of July 2016. Bullish stance remains fueled…
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The Euro rose further and hit new five-week high on Friday morning, keeping firm bullish tone after 1.06% rally on Thursday (the biggest one-day gain since Feb 2). The single currency was lifted by hawkish ECB, which raised interest…
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The USDJPY regained traction in early Friday after the Bank of Japan kept its policy unchanged that pushed yen lower across the board. Fresh strength looks for retest of Thursday’s high at 141.50 (new 2023 peak) after bulls were strongly…
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The European Central Bank raised interest rates by 25 basis points to 3.5%, the highest since 2001. The ECB increased its key rates for the eighth consecutive time and left the door open to more hikes, as conditions are unlikely to…
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The Euro kept firm tone on Thursday despite strong upside rejection at 1.0863 (Fibo 50% of 1.1091/1.0635) on Wednesday, as dips were contained by former strong resistance at 1.0805 (daily cloud base) now reverted to solid support.…
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