Windsor News & Research Blog - Forex & CFD Market Analysis

The USDJPY is consolidating under 2022 high in early Monday, following last Friday’s 0.77% advance that keeps bulls intact for further gains. Last week’s solid US manufacturing and labor data keep the dollar inflated, while traders focus…
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All eyes are today’s release of US jobs report for May which is going to give more details about the situation in the labor sector, but also to provide more clues of the sector’s performance in conditions of soaring inflation, labor…
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Cable is moving within a narrow range in early Friday and remains constructive after Thursday’s 0.75% advance. Technical picture is mixed, as moving averages of 10/20/30 days are conflicting, bullish momentum is weaker and RSI neutral.…
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The dollar lost traction on Thursday, after strong recovery in past two days, deflated by disappointing US private sector payrolls data, while a drop below expectations in weekly jobless claims was unable to improve the situation. Fresh…
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The US private sector added significantly less jobs than expected in May, signaling that demand for labor slowed, in the situation of tightening financial conditions and rising interest rates, but job openings remains very strong and…
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The AUDUSD regains traction on Thursday and regains 0.72 handle, following strong rejection at 100DMA (0.7227) on Wednesday, which resulted in a shallow pullback, contained by broken Fibo 38.2% of 0.7661/0.6828 and keeping larger bulls…
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The USDJPY is trading within a narrow range around 130 handle on Thursday, after recovery from 126.36 (May 24 low) accelerated on Wednesday (up 1.1% for the day) and cracked pivotal barriers at 130.00/16 (psychological / Fibo 76.4% of…
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WTI oil price eased further in early Thursday, holding in red for the third straight day and pressured from profit-taking from the latest rally which stalled at psychological $120 barrier. Traders focus on today’s OPEC+ meeting, as the…
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The US Institute for Supply Management Index which tracks the activity in manufacturing sector, rose to 56.1 in May, bouncing from April’s 55.4, the lowest since September 2020 and against expectations for a drop to 54.5. The data show…
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The Euro is trading within a tight range on Wednesday, as recovery rally from 1.0349 low failed to clear pivotal barriers at 1.0767 (55DMA / 50% retracement of 1.1184/1.0349), but subsequent pullback was strongly rejected and contained by…
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