Windsor News & Research Blog - Forex & CFD Market Analysis

WTI oil price rose to a nine-week high in early Monday, maintain bullish stance following last week’s 4.2% rally. Traders focus on today’s EU summit, in which bloc’s leaders will try to reach an agreement on the sixth package of sanctions…
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The Euro remains constructive in early Monday’s trading following strong advance in past two weeks, but bulls are facing headwinds from pivotal barrier at 1.0767 (50% retracement of 1.1184/1.0349 / falling 55DMA). Weaker dollar continues…
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The US personal consumption expenditures price index (PCE), the gauge of the average increase in prices for all domestic personal consumption, rose by 0.2% m/m in April after increasing by 0.9% in March, while annualized figure advanced…
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Spot gold regained traction and rose on Friday, following a shallow dip in past two days. Near-term action has established above 200DMA that adds to bullish near-term bias, however it is still ranging between 200DMA ($1839) and $1867 (Fibo…
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The dollar index dipped to new one-month low in early Friday, with fresh weakness signaling continuation of the downtrend from 105.04 peak (20-year high, posted on May 13), after bears were paused for consolidation in past three days. The…
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WTI oil is consolidating near new two-week high after Thursday’s 3.3% advance and maintaining firm tone, amid concerns about global supply. Talks about EU ban on Russian oil, although so far without consensus as Hungary opposes the…
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The Turkish central bank (CBRT) kept its policy rate unchanged at 14% for a fifth consecutive month on today’s monetary policy meeting. The decision was in line with expectations, despite signals that inflation, currently at 70%, is likely…
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The cross is consolidating above important supports at 0.8486/77 (converged 10/20DMA’s / Fibo 38.2% of 0.8249/0.8618) following Wednesday’s sharp drop (0.9%). Bearish engulfing pattern formed on Wednesday, along with large bearish daily…
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The Euro is trading within tight range around 1.07 handle in Europe on Thursday but remains constructive despite easing risk mode in Asia. The action stays above broken Fibo barrier at 1.0668 (38.2% of 1.1184/1.0349) and daily Kijun-sen…
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Fresh acceleration higher pushed the USDTRY to new 2022 high at 16.34 on Wednesday, as traders continue to sell lira ahead of tomorrow’s CBRT policy meeting. Turkey’s central bank is expected to stay on hold this time and leave interest…
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