Windsor News & Research Blog - Forex & CFD Market Analysis

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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WTI oil gained traction on Monday and returned above $90 per barrel, as traders collect profits from last week’s drop to the lowest in seven months, after bears failed to register a weekly close below pivotal Fibo support at $88.42 (Fibo…
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Spot gold hits the lowest in almost one month on Monday, in extension of last week’s 3.05% fall, following a double weekly rejection at $1800 round-figure barrier. The yellow metal remains under increased pressure on robust dollar,…
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Bulls are consolidating at pivotal Fibo barrier at 137.26 (76.4% of 139.39/130.39 corrective leg) following last week’s 2.6% advance (the biggest weekly advance since the last week of May). Dollar remains firm in risk aversion environment…
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Cable remains firmly in red for the fourth straight day and hits five-week low on probe through 1.18 handle in European trading on Monday. Bears look for retest of 2022 low at 1.1760, break of which would risk fresh extension towards…
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The Euro resumes strong fall of past two days and pressuring parity level in early Monday trading, following 2.1% drop last week. Growing negative sentiment on continuous weak economic data from the EU that prompts traders into safety of…
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