Windsor News & Research Blog - Forex & CFD Market Analysis

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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The USDJPY eases from new nine-week high on Monday, as bulls faced strong headwinds at 136.44 (Fibo 38.2% retracement of 151.94/127.22) and ahead of converged 100/200DMA’s which are forming a bear-cross, prompting traders to collect some…
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Cable edges higher in early European trading on Monday after repeatedly facing headwinds from strong technical supports at 1.1950/26 zone (Fibo 38.2% retracement of 1.1146/1.2447 upleg / 200DMA / daily cloud base and 100/200DMA bull-cross).…
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The Euro consolidating within a tight range in early Monday’s trading, but keeps overall bearish bias for further weakness. The latest data showed that inflation in the US remains elevated, which adds to recent hawkish tones from Fed and…
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The US dollar index accelerated higher on Friday, following stronger than expected US inflation and consumer spending data. Consumer spending surged in January and inflation ticked higher (PCE report) adding to growing expectations that…
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