Windsor News & Research Blog - Forex & CFD Market Analysis

Weaker than expected UK inflation data (Mar CPI 1.9% y/y vs 2.0% f/c) push sterling further down on Wednesday, as lower inflation reinforces idea that BoE is unlikely to increase interest rates in the near future. Extension of strong fall…
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Spot gold holds in red for the fourth straight day and accelerates lower in early US trading on Tuesday. Fresh weakness hit new 4 ½ month low, marking daily loss of 0.93% until now. Solid economic data from major economies and fresh…
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WTI oil price holds slight bid tone on Tuesday following double downside rejection ($63.02/11 on Fri/Mon) and Monday’s close above 10SMA ($63.45) which also formed Hammer candle, generating initial signal of stall of pullback from $64.77…
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The Turkish lira rose slightly on Tuesday, lifted by better than expected Turkish Industrial Production (Feb -5.1% vs -6.5% f/c and -7.4% prev). The USDTRY bulls may take a breather as overextended studies suggest adjustment (momentum…
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Cable remains under daily cloud top (currently at 1.3108) following mild reaction on UK jobs data. Unemployment remains unchanged in Feb (3.9%), employment in three months to Feb came slightly above expectations (179K vs 173K f/c) but…
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The Euro remains bid and probes again through daily cloud base (currently at 1.1308) following repeated failure to penetrate cloud in past two days, with action being capped by falling 55SMA. Rising bullish momentum supports the action but…
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The Aussie dollar fell 0.38% in Asian session on Tuesday, following release of minutes of RBA’s April meeting. Dovish tone from the central bank, which left the door open for rate cut if inflation remains low and slowdown in GDP offsets…
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The Dow Jones eases from marginally higher one-week high at 26474 on Monday, as mixed bank earnings soured the sentiment. Signals that earnings season will disappoint came from weaker than expected earnings results for Goldman Sachs, Citi…
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WTI oil price extends pullback from new five-month high at $64.77 on Monday, driven by negative technical signals as well as revived concerns about global supply. Initial signals of pullback on overbought conditions and stochastics’ / RSI…
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The pair holds bullish tone on Monday, boosted by fresh risk mode and focuses 2019 high (112.13). Bulls attempt to clearly break 200WMA (111.97) that would generate positive signal for extension of recovery leg from 104.59 (30 Dec spike…
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