Windsor News & Research Blog - Forex & CFD Market Analysis

Repeated failure at the base of a daily cloud and subsequent drop on Tuesday (0.6%) that registered a marginal close below 10DMA (1.0537) generated initial signal of recovery stall, though the action on Wednesday is again without direction.…
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The EURCHF remains in firmly red and hits the lowest since March 7 on Wednesday, with parity level being in focus. The Swiss franc continues to benefit from the recent shift in the Swiss National Bank’s monetary policy as the central bank…
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Cable is holding within a narrow consolidation in European trading on Wednesday, following Tuesday’s 0.64% drop, which generated an initial signal of an end of a multi-day directionless mode. Fresh weakness touched strong supports at…
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The Aussie dollar eases from one-week high on Tuesday after failing to benefit more from positive news that China slashed Covid quarantine for international travelers. The price action fell back below 10DMA (0.6951) which caps the price…
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Shallow pullback from new multi-year high (136.70) found solid ground at 134.26 (Fibo 23.6% of 126.36/136.70) and subsequent bounce accelerated on Tuesday, retracing over 76.4% of 136.70/134.26 pullback, and confirming that bulls regained…
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Although the Euro stands at the front foot and continues to attempt higher, the recovery remains questioned, as thick daily cloud continues to limit the action for the sixth straight day, while falling 55 DMA (1.0614) additionally weighs.…
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WTI oil advanced around $8 in a strong recovery that extends into third straight day, lifted by renewed supply concerns. Growing worries that OPEC members Saudi Arabia and United Arab Emirates, the only two cartel-member countries with…
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German Gfk institute consumer sentiment index fell to record -27.4 heading into July, after a brief bounce in June (-26.2), although the latest drop in consumer morale was not as severe as economists forecasted in July (-27.7). Compared…
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Cable enters the US session on Monday in red after short-lived rally, inspired by renewed risk mode, pushed the price to a ten-day high in early European trading. The price remains within the range which extends into sixth consecutive day,…
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Spot gold opened with a gap higher and edged higher on Monday, lifted by signals that some Western nations are planning to officially ban imports of gold from Russia, in extension to the package of sanctions already imposed. The technical…
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