Windsor News & Research Blog - Forex & CFD Market Analysis

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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The USDJPY remains at the front foot and rose to one-week high on Wednesday, but bulls face headwinds at 134.40 zone and pulled back after failing to break through barriers provided by daily Tenkan-sen / 50% retracement of 138.17/130.56,…
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The dollar index is in directionless near-term mode and trading within a narrowing, triangular range, but overall picture remains bearish. Daily studies are in full bearish mode, weekly chart shows strengthening bearish momentum, but…
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Gold price is establishing above psychological $1800 barrier and moving within the upper part of over three-week range. Weaker dollar on renewed risk appetite, after China relaxed its Covid restriction, provide fresh boost to gold price on…
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The WTI oil price rose above $80 per barrel and hit the highest level in three weeks on Tuesday, as the latest easing of Covid restriction on China improved the outlook for demand, while cuts to US energy production caused by winter storms…
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