Windsor News & Research Blog - Forex & CFD Market Analysis

Eurozone Composite Purchasing Managers’ Index, which tracks the activity in both, manufacturing and services sectors rose to 49.3 in December from 47.8 in November and beat forecast at 48.8, while Services Purchasing Managers’ Index jumped…
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Gold extends rally in the fourth straight day and hit the highest since mid-June. The yellow metal accelerated on Wednesday (up 1.25% until the start of American session), driven by weaker dollar and growing expectations that the Fed would…
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The Australian dollar surged in early Wednesday’s trading, driven by higher stocks and rumors that China is discussing easing of ban on Australia coal imports. Aussie advanced over 2% in Asia, early Europe and cracked pivotal barrier at…
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US dollar Rose sharply against a basket of major currencies on Tuesday, as traders waiting FOMC Meeting Minutes. FOMC Meeting Minutes may provide cues on its policy tightening path. According to CME group, FED probably will rise rates next…
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The Euro eased from two-week high on the first trading day in 2023, in holiday-thinned market. The action faces headwinds from falling weekly Ichimoku cloud and lacking momentum to break through Dec 15 peak (1.0736). Near-term action is…
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Gold regained traction after a bearish close on Wednesday, with fresh strength being driven by weaker dollar on Thursday. The metal is on track to eventually register a weekly close above $1800, following a multiple failures in past four…
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The cross firmed on Thursday after Wednesday’s close in red but continues to face headwinds at 0.8850 barrier (50% retracement of 0.9498/0.8202), as the action failed to break clearly higher in three consecutive attempts. Technical studies…
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Cable continues to trade within a narrow range for the sixth consecutive day, with psychological 1.20 level offering solid support and keeping the downside protected for now, while the upside attempts repeatedly failed to register a daily…
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The Euro trades in an extended directionless, narrow-range mode, but underlying bullish structure remains intact, as bulls broke and holding above pivotal Fibo barrier at 1.0578 (38.2% of 1.2266/0.9535) for the third consecutive week that…
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The WTI oil remains at the back foot for the third consecutive day and extends weakness in early European trading on Thursday. The latest reports showed fresh surge in Covid cases in China, just days after the government eased its strict…
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