Windsor News & Research Blog - Forex & CFD Market Analysis

Cable is standing at the back foot on Tuesday, following a bearish close on Monday after bulls failed to hold gains above pivotal barrier at 1.2293 (former top of Aug 1), but dips remain limited and facing headwinds from 200DMA (1.2135),…
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WTI oil price holds firmly in red for the third straight day and hit one week low in European trading on Tuesday, pressured by stronger dollar and recession fears which so far offset expected impact from G7 decision to cap the price of…
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The dollar index is holding firm tone in early Tuesday, following 0.8% advance on Monday (the biggest one-day rally since Oct 27. Better than expected US data on Monday (services PMI, Factory orders) improved the sentiment and lifted the…
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The Reserve Bank of Australia raised interest rates by 25 basis points to 3.1%, in its December policy meeting, pushing rates to the highest in ten years. The central bank continued with tightening and raised interest for the eighth…
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Gold accelerates lower on Monday, after hitting new five-month high, deflated by stronger dollar and despite the news that China, big gold consumer,  is relaxing its strict Covid measures. The metal lost traction after a marginal close…
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The Dow Jones is standing at the back foot on Monday and pressuring initial support at 34254 (rising 10 DMA, which resisted attacks in past two days. Traders take some profits on strong rally in past two months, looking for more signals…
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The Euro is trading near five-month high on Monday and cracked pivotal Fibo barrier at 1.0578 (38.2% of 1.2266/0.6535 downtrend), but quick pullback indicates that bulls face headwinds. Last Friday’s Hanging Man candle was initial warning…
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Eurozone’s Composite Purchasing Managers’ Index, which tracks the activity in both, manufacturing and services sectors and is seen as a gauge of overall economic health, edged up to 47.8 in November from 47.3 in October (the lowest in…
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The organization of major world oil exporters including Russia (OPEC+) agreed to keep its production targets unchanged, in cartel’s meeting on Sunday, as slowing Chinese economy hurts demand, while the impact of the latest decision of G7…
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The US non-farm payrolls rose above expectations in November with 263,000 new jobs created, beating the forecast for increase by 200,000, while October’s figure was upwardly revised from an initial 261,000 to 284,000. The same report…
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