Windsor News & Research Blog - Forex & CFD Market Analysis

The USDJPY accelerated lower on Friday after a triple daily Doji, adding to signals that short recovery from 133.62 (Dec 2 low, the lowest since Aug 16) might be over. Fresh bears hit 50% retracement of 133.62/137.85 upleg and eyeing key…
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Cable remains constructive and extends bounce from 200DMA on Friday, retracing over 61.8% of a shallow pullback from 1.2344 to 1.2106 so far. Bulls are underpinned by 10/200DMA golden-cross and strong positive momentum on daily chart,…
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The dollar index holds in red for the third day and threatening to fully retrace recovery leg from 104.05 (Dec 5 low, the lowest in 3 ½ months) after bulls were trapped above 200DMA. The dollar came under pressure on renewed concerns about…
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The Euro remains constructive above solid supports at 1.0448/52 (10DMA / Fibo 38.2% of 1.0222/1.0594 upleg) which contained pullback after larger bulls failed to break pivotal Fibo barrier at 1.0578 (Fibo 38.2% of larger 1.2266/0.9535…
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WTI oil price is consolidating above new 2022 low ($71.74) hit on Wednesday, following sharp four-day fall. Growing concerns that economic slowdown would further weaken demand and increased production in the US, continue to pressure oil…
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The dollar index slipped on Wednesday, reversing bounce of past two days, after it repeatedly failed to clear strong resistance, provided by 200DMA (105.57). Overall bearish daily studies maintain downside pressure, with stall of short…
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The Eurozone Gross Domestic Product increased at a 2.3% annualized rate in the third quarter, beating forecast 2.1% growth, while previous figure being strongly revised upward from 2.1% to 4.2%. Quarterly GDP showed the economic activity…
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The USDJPY advances for the third consecutive day and cracks initial barrier at 137.94 (Fibo 23.6% of 151.94/133.62 descend). The dollar received fresh boost from renewed warnings from economists that the US economy is heading into…
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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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