Windsor News & Research Blog - Forex & CFD Market Analysis

The Australian dollar remains at the back foot and extends pullback from Oct 27 recovery high at 0.6522, into third consecutive day, pressured by renewed risk aversion. Violation of pivotal Fibo support at 0.6387 (38.2% of 0.6170/0.6522…
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The Euro accelerated lower on Monday as increase dollar longs in anticipation of another hawkish action by Fed on Nov 2 policy meeting and weighed by fresh rise of inflation in the Eurozone that threatens of deepening of crisis in the bloc.…
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Inflation in the bloc of 19 countries sharing Euro hit new record high in October, rising to 10.7% from 9.9% previous month and well above consensus to 10.2% rise. Fresh rise in consumer prices was mainly fueled by soaring energy and…
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China’s manufacturing purchasing managers’ index fell to 49.2% in October from 50.1 in September and below 50.0 forecast, while the activity in the services sector slowed more, as services PMI collapsed to 48.7 from 50.6 previous month and…
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WTI oil starts week in red, dropping 2.1% in early Monday’s trading, as sentiment was soured by weak China’s manufacturing data and widening Covid restrictions, threatening of slower demand from the world’s second largest economy and…
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The dollar extends rally into third straight day Monday, advancing around 0.4% in Asia / early Europe on Monday. The greenback received fresh support from renewed hopes that the Fed will remain on aggressive mode on November policy meeting…
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Spot gold price was down around 1.5% by early US trading on Friday, pressured by stronger dollar on growing expectations that the Fed will deliver another 75 basis point hike in the policy meeting next week. Optimism on further policy…
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The jumped vs yen on Friday after BoJ left its ultra-loose monetary policy unchanged, retracing 38.2% of post-intervention pullback from 32-year high at 151.94, which found footstep at 145.10 on Thursday. Doji morning star reversal pattern…
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Cable is holding in red in early Friday trading, following a double rejection under the base of falling daily cloud. Thursday’s bearish close and fresh extension lower warn that recent bulls, inspired by political news after Rishi Sunak…
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The Euro pulls back from new six-week high, as traders collected profits from a steep six-day rally, after the action was repeatedly capped by falling 100DMA and daily cloud top, while overbought daily studies contributed to the decision.…
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