Windsor News & Research Blog - Forex & CFD Market Analysis

Spot gold surged to the highest levels in 1 ½ month on Friday, lifted by weaker dollar and a pick-up in inflation expectations, while the rally accelerated after taking out barriers at $1791/93 (Fibo 61.8% of $1834/$1721 / 200DMA) and…
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The WTI oil is consolidating under new seven-year high, as bulls slowed on cooling demand over easing gas and coal prices and a forecast for mild winter in the US but is on track for the seventh consecutive bullish weekly close. Dips off…
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The Euro regained traction on Friday and standing at the front foot despite mixed EU PMI data which showed a slowdown in bloc’s business activity in October, but growth in manufacturing sector remained robust. Today’s action partially…
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Cable remains in red in early Friday following Thursday’s bearish close after larger bulls lost traction on approach to 200DMA (1.3848). Return below broken 100DMA (1.3798) and Fibo 76.4% barrier (1.3794) adds to initial signal of stall…
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The US weekly jobless claims fell to the lowest in 19 months in the week ending October 16, adding to signals that the labor market is continuing to recover from crisis induced by coronavirus pandemic. The number of Americans filling new…
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The USDTRY rose over 2% in immediate reaction to CBRT’s surprise decision to cut rates by 200 basis points from 18% to 16%. Most of economists were betting for 0.5% cut this time after the central bank cut rates by 1% last month. The…
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The Australian dollar eases on Thursday, following strong bullish acceleration in past two days, as bulls started to lose traction on approach to key barriers at 0.7556/63 (50% retracement of 0.8007/0.7106 downtrend / 200DMA). Bulls remain…
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The EURUSD edges lower in early Thursday’s trading, holding in extended consolidation under pivotal Fibo barrier at 1.1671 (38.2% of 1.1909/1.1534 bear-leg) which provided significant headwinds to recovery leg from 1.1524 (Oct 12/13 lows).…
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British consumer prices unexpectedly slowed in September, rising 3.1% on annual basis, compared to 3.2% in August, while economists expected the figure to remain unchanged at 3.2%. A brief decline was seen as a just temporary relief for…
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The WTI oil price extends advance into seventh straight week, hitting new highest since October 2014 on Monday, extension of last week’s 3.6% advance. Strong recovery in global oil demand on easing Covid restrictions and increased…
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