Windsor News & Research Blog - Forex & CFD Market Analysis

Australian dollar regained traction after nearly 2% drop last Thu/Fri and bounced 0.6% in Asian/European trading on Monday. Fresh recovery was driven by improved risk sentiment, which prompted traders to collect some profits after a…
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The Euro is consolidating within a narrow range in early Monday following strong acceleration lower last Thu/Fri and the biggest weekly loss since mid-February. The pair also registered a weekly close below pivotal Fibo support at 1.0874…
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Gold price fell for the third straight day and tested psychological $2000 support, but dip was so far short-lived as price quickly bounced back. The second strong rejection at $2000 points to strength of the support and also signals that…
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Oil price is holding in red for the third straight day, under fresh pressure on renewed concerns about economic situation in the world’s two largest oil consumers – US and China. Crisis in banking sector and no results in solving problem…
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The dollar index remains constructive and extends higher in European trading on Friday, following 0.7% advance on Thursday. The greenback benefited from renewed safe-haven demand, sparked by growing concerns over US debt ceiling case and…
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The Euro remains at the back foot in early Friday following 0.6% drop on Thursday, which generated bearish signal on eventual close below pivotal Fibo support at 1.0960 zone (23.6% retracement of 1.0516/1.1095 rally / daily Kijun-sen).…
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Australian dollar lost ground and declined almost 1.2% until the start of US session on Thursday, hit by weaker than expected China’s April inflation data. US weekly jobless claims rose well above consensus and reached the highest since…
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Cable is standing at the back foot in European trading on Thursday, ahead of key event – BoE rate decision. Extension of pullback from new 2023 high (1.2679, posted on Wednesday) hit weekly low and pressure pivotal supports at 1.2555…
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The USDJPY edges higher in early Thursday, keeping slight bullish bias as recent drops (larger pullback from May 2 peak at 137.77 and Wednesday’s dip) were contained by rising bull-trendline off 129.61 (Mar 24 low) and also registered…
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Gold keeps firm tone well above $2000 level, following last week’s spike to new marginally higher all-time high, though traders remain cautious and continue to collect profits on jumps above $2050. The metal is supported by prospects of…
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