Windsor News & Research Blog - Forex & CFD Market Analysis

The USDJPY is consolidating in early Monday after strong bearish acceleration last Thu/Fri that extended pullback from new 24-year high to two-week low (135.57). Friday’s close below initial Fibo support at 136.31 (23.6% of 126.36/139.39…
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The Euro recovers from today’s drop, with minor impact from weak EU PMI numbers that add to concerns about contraction in the third quarter but lacking direction for the third quarter. The single currency also failed to benefit more from…
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Cable extends directionless mode into fourth straight day, trading between 10DMA (1.1923) which offers solid support and strong barriers at 1.20 zone (psychological / falling 20DMA / Fibo 38.2% of 1.2406/1.1760 bear-leg. Pound benefited…
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Eurozone Composite Purchasing Managers’ Index, which tracks the activity in manufacturing and services sectors and is seen as a gauge of overall economic health, fell to 49.4 in July, hitting the lowest since March 2021, on fall from 52.0…
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The Euro made a large swings after ECB’s surprise 50 basis points rate hike, with initial reaction being positive, though the rally stalled again under pivotal barrier at 1.0283 (daily Kijun-sen / 50% retracement of 1.0614/0.9952).…
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The European Central Bank raised its key interest rates by 0.50% in July, partially surprising markets, as the central bank initially announced plans for 0.25% hike, but speculations of possibly more aggressive action already circulated the…
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The USDJPY rises on Thursday, confirming reversal signaled by a hammer candle on Tuesday, after Wednesday’s Doji questioned fresh bulls. Bounce from correction low at 137.38 so far retraced over 61.8% of a shallow 139.39/137.38 pullback,…
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WTI oil price accelerates lower in European trading on Thursday (down 3.3% since Asian opening last night), after three-day recovery failed to sustain break above psychological $100 barrier. Oil prices came under pressure from renewed…
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Spot gold extends weakness into second day as larger downtrend resumed after three-day consolidation and hit the lowest in one year on Thursday. The metal came under increased pressure on signals that major central banks are likely to…
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The European Central Bank holds its monetary policy meeting today and is likely going to raise interest rates, the action that has not been seen since 2011. The ECB was delaying rate hike for some time, despite the most of central banks…
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