Windsor News & Research Blog - Forex & CFD Market Analysis

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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The Euro is consolidating after strong acceleration in past two days (the pair was up 1.92%) but keeps firm tone. Bulls hit new multi-month high on Friday and eye next target at 1.0578 (Fibo 38.2% of larger1.2266/0.9535 downtrend), break…
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The USDJPY dips further in early European trading on Friday, in extension of previous day’s nearly 2% drop and hit the lowest levels since mid-August, holding in red for the fifth consecutive day and being on track for significant weekly…
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The dollar index remains at the back foot in early Friday and hit new lowest since early July, in extension of Thursday’s 0.82% drop. Data released on Thursday showed solid growth in consumer spending, while the number of Americans filling…
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WTI oil price rose further on Thursday, extending gains into third straight day and hitting two-week high ($83.32), where falling 20DMA temporarily capped the advance. Oil benefited from softer tones from Fed that pressured dollar and two…
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Gold rallies for the third straight day, with strong acceleration seen on Thursday, after Fed chief Powell signaled that the central bank may start scaling back the pace of tightening as early as at next policy meeting in December, although…
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Cable accelerated gains on Thursday, lifted by renewed risk sentiment, following comments from Fed Powell on Wednesday, which deflated dollar on less hawkish than expected stance, while solid US data on Thursday further boosted risk…
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