Windsor News & Research Blog - Forex & CFD Market Analysis

The pair pulled back from new multi-month high at 112.22 after bulls faced strong headwinds on approach to strong barriers at 112.40/41 (24 Apr 2019 high / 50% retracement of 125.84/98.99 fall). The 70-pips pullback was so far rejected at…
Read More...

Spot gold posted new seven-year high on Friday, in extension of strong six-day advance from $1561 higher base. Persisting fears about coronavirus spreading beyond China and negative impact on global economy, maintain strong safe-haven…
Read More...

British pound followed Euro and bounced above 1.29 level after four-day fall was rejected at 1.2849 (nearly three-month low) on Thursday. Upbeat UK PMI data (Jan Manufacturing 51.9 vs 49.7 f/c / Jan Composite 53.3 vs 52.8 f/c) inflated…
Read More...

The Aussie fell further on Friday, weighed down by persisting virus concerns and probed below 0.66 handle to hit new low at 0.6585 (the lowest since Mar 2009). The pair is on track for strong bearish weekly close that adds to negative…
Read More...

The Euro jumped above 1.08 handle on Friday, boosted by upbeat German Manufacturing PMI data (Feb 47.8 vs 44.8 f/c and 45.3 in Jan). Fresh advance revives hopes of recovery, which faded after Thursday’s upside rejection and daily close…
Read More...

The pair surged to new ten-month high at 112.22 on Thursday, in extension of previous day’s 1.36% rally. Strong bullish acceleration in past two days was sparked by fading fears about coronavirus epidemic as well as rising dollar,…
Read More...

Spot gold extends steep ascend on Thursday, inflated by strong safe-haven demand on fears of coronavirus spread outside China, despite signs of strong drop in the number of new cases and PBOC’s cut of benchmark lending rate, in attempts to…
Read More...

The Australian dollar accelerated to new eleven-year low (0.6621) on Thursday, after Australian unemployment rose above expectations (Jan 5.3% vs 5.2% f/c and 5.1% Dec) while 13.5K new jobs were created in January, above 10K consensus but…
Read More...

Signals of recovery on Wednesday’s first bullish close after eleven straight days in red, are fading as the pair’s action in Asia/early Europe on Thursday is shaped in long-legged Doji. Larger bears took a breather on Thursday, but it so…
Read More...

Cable extends weakness into fourth straight day and tests levels below 1.29 handle, following Wednesday’s 0.6% fall and close below pivotal supports at 1.2931/19 (rising 100DMA / Fibo 38.2% of 1.1958/1.3514). Stronger than expected rise in…
Read More...