Windsor News & Research Blog - Forex & CFD Market Analysis

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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US consumer prices increased by 0.4% in April, in line with expectations, after gaining 0.1% previous month, while annualized figure showed rise of 4.9% compared to 5.0% forecast / March advance. Core inflation, stripped for volatile…
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The Euro is holding around pivotal Fibo support at 1.0960 (23.6% of 1.0516/1.1095) after several attacks failed to register a daily close below this level, pointing to significance of support and adding to signals of another rejection.…
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Sharp drop from a narrow multi-week range (7.84/7.85) extends into the second consecutive day and generating an initial reversal signal, though with more evidence needed for confirmation of the signal. Fresh dip broke through strong…
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The cross extended steep fall into fifth consecutive day and broke below round-figure support at 0.8700 (reinforced by 200WMA) to hit the lowest since mid-December 2022. Bears also emerged below weekly cloud, adding to negative near-term…
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Strong rebound from new lowest since Dec 2021 ($63.63, May 4 low) in past three days is pausing on Tuesday after the action was capped by daily Kijun-sen and 50% retracement of $83.51/$63.63 fall. Bulls lost traction on weak China’s…
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