Windsor News & Research Blog - Forex & CFD Market Analysis

Bears are taking a breather after sharp fall in past two days, but remain fully in play, following bearish signals on Friday’s close below 200DMA (0.6690) and daily Kijun-sen / 50% retracement of 0.6458/0.6899 upleg (0.6679). Weakening…
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EURUSD is consolidating within a narrow range in early Monday trading, following 0.85% drop last Thu/Fri, on pullback from new multi-week high at 1.1012 (June 22). Near-term action remains weighed by a bull-trap above 1.0983 Fibo barrier…
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Turkish lira lost ground again and fell to new historical low against US dollar, falling around 9% in two days after CBRT’s action on Thursday was seen by markets as insufficient. The latest lira’s sell-off was sparked by decision of…
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Cable kept weak tone in European session on Friday and fell to one week low after quite mild reaction on BoE’s 50 basis points rate hike on Thursday, as the pair traded in a choppy mode after rate decision, but the action stayed capped…
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The Euro accelerated lower on Friday morning, losing around 0.9% in early European trading, pressured by stronger dollar and weak EU economic data. Fed Chair Powell said that the central bank will move interest rates at a careful pace…
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The USDJPY edged higher on Thursday, pressuring pivotal Fibo resistance at 142.50 (61.8% of 151.94/127.22), underpinned by predominantly hawkish Fed’s narrative and US weekly jobless claims within expected limits. Larger bulls continue…
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Cable remains in red for the third straight day after larger bulls faced increased headwinds on approach to strong barriers at 1.2877/93 (200WMA / base of thickening monthly Ichimoku cloud). A positive reaction to UK May CPI data in…
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Australian dollar accelerated to one-week low on Tuesday, extending pullback from June 16 peak at 0.6899 into third consecutive day. Fresh drop on Tuesday (1.2% down by early US session, the biggest one-day loss since March 7) was…
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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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