Windsor News & Research Blog - Forex & CFD Market Analysis

The USDJPY holds firm tone despite the most recent double-rejection at 137.70 zone (upper 20-d Bollinger band) as subsequent dips were contained by the top of thick daily cloud, keeping near-term action within narrow consolidation. Bullish…
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Cable returned to red after limited bounce on Tuesday, sparked by downbeat US data, signaling that short consolidation is likely to precede fresh push lower. Initial negative signal on break below 2022 low (1.1760) that hit new lowest…
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Spot gold price edges higher from new low at $1727 (the lowest since July 27) after disappointing US data on Tuesday temporarily deflated dollar, giving gold bears an opportunity to consolidate. Tuesday’s bullish daily close (the first in…
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Bears are pausing for the second day but remain in play after hitting new lowest in two decades. Tuesday’s bullish Doji and oversold conditions on daily chart suggest that the action may hold in a limited consolidation before resuming…
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The world’s top central bankers meet at Jackson Hole annual monetary policy conference, with the main subject of this year’s meeting being mainly unchanged, though current conditions are very different, compared to the last year. While…
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Cable is trading near new multi-month low (1.1717) posted today, keeping firm bearish stance, additionally boosted by terrible UK manufacturing PMI data for August that add to fears the economy is sliding into recession. Bears probed below…
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Activity in Great Britain’s manufacturing sector slowed the most in over two years in August, adding to recession fears. UK Manufacturing Purchasing Managers’ Index fell to 46.0 in August, hitting the lowest since May 2020, from 52.1 in…
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The dollar index extends steep ascend from Aug 10/11 double-bottom (104.49) to probe through previous top at 109.12 (July 14) and hit new highest since Sep 2002. The greenback remains well supported by safe-haven flows on concerns about…
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The Euro is establishing below parity level and is pressuring 2022 low at 0.9952, on track for the first daily close below 1 dollar since Nov 2002, following a false break in mid-July this year. The sentiment remains increasingly negative,…
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Turkish lira remains under increased pressure and trading at the lowest since Dec 2021, additionally weighed by shock decision of the Turkish central bank to cut interest rate by 1% last Friday, despite inflation of almost 80% and new…
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