Windsor News & Research Blog - Forex & CFD Market Analysis

Eurozone business activity accelerated in February, boosting optimism that the economy may avoid recession. EU composite PMI, which tracks the activity in services and manufacturing sectors and indicates the overall health of the…
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Fresh bullish acceleration in European session on Friday hit two-week high, as gold price benefits from weaker dollar. Calmer tones from the US policymakers about rate hikes in the coming months, weakened dollar’s bullish stance and…
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Bulls continues to face strong headwinds at key Fibo barrier at 136.66 (38.2% retracement of 151.94/127.22 downtrend), reinforced by falling 100DMA. Friday’s price action showed repeated failure to sustain break above this barrier,…
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The Euro dips on Thursday after better than expected US jobless claims / labor cost data lifted dollar, reversing the most of Wednesday’s nearly 0.9% advance. Near-term focus is shifting to the downside as fresh weakness retraced over…
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Cable lost ground after recovery was strongly rejected at the base of falling weekly Ichimoku cloud on Tuesday and fresh bearish acceleration on Thursday broke psychological 1.20 level, to test key support zone at 1.1950/14 (Fibo 38.2% of…
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Eurozone annualized inflation eased to 8.5% in February from 8.6% previous month but failed to meet expectations at 8.2%, while monthly CPI rose by 0.8% last month after dropping by 0.2% in January. Separate report showed that so-called…
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The Euro accelerated higher on Wednesday, lifted by stronger than expected growth in China’s manufacturing sector, which pressured dollar, while German regional inflation data added to price growth worries and boost expectations of ECB’s…
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Chinese Purchasing Managers’ Indexes (PMI) rose well above expectations in February, signaling that the economic activity is rebounding stronger than anticipated after China abandoned Covid restrictions. Manufacturing PMI rose to 52.6 in…
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The cross remains firmly in red on Tuesday and extends weakness into second straight day, falling deeper into thick daily cloud (spanned between 0.8805 and 0.8722). Fresh dip cracked initial support at 0.8783 (Feb 22 low), with firm break…
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The US dollar regained traction in early Tuesday’s trading, following a pullback on Monday, which signaled a partial profit taking after 0.8% rally last Friday. The US currency keeps firm tone against the basket of its major peers, boosted…
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