Windsor News & Research Blog - Forex & CFD Market Analysis

The cross continues to trade in a choppy and directionless near-term mode, moving around pivotal sideways moving 200DMA (0.8435). Daily Ichimoku studies remain bearishly aligned, but neutral 14-d momentum and RSI add to notion of lack of…
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The dollar is a tad softer on Thursday and pressuring again strong support provided by the top of thick daily cloud, where strong downside rejections occurred in past two days. Near-term action is maintaining firm bullish tone above the…
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German Ifo business climate index continued to decline and hit the lowest reading since June 2020, but the pace of fall was slower than expected in August. The Ifo index hit 88.5 in August in a fourth consecutive monthly drop, down from…
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WTI oil extends rebound from seven-month low and hits three-week high on Thursday, after receiving fresh boost from signals that OPEC+ cartel is willing to cut production and significantly stronger than expected drop in the US crude…
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The Euro bounces back above parity level in early European trading on Thursday as traders collect profits from this week’s drop to the lowest levels since 2002. Oversold daily studies and a double daily Doji (Tue/Wed) added to signals that…
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The dollar index regains traction on Wednesday after bulls paused previous day and the price pulled back from new marginally higher 20-year high at 109.19. Overall  negative situation due to the impact from the war in Ukraine that sent a…
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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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