Windsor News & Research Blog - Forex & CFD Market Analysis

Early Tuesday’s action shows attempts to extend Monday’s bounce after a massive fall on Friday, which weakened near-term structure. Bear-trap that was left after repeated failure to sustain break above pivotal Fibo barrier at 1.1671 (38.2%…
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British pound remains firmly in red on Monday and dips to the lowest in nearly three weeks, in extension of Friday’s 0.8% fall (the biggest one-day drop since Sep 29). Negative weekly close formed reversal pattern on weekly chart,…
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The USDJPY maintains firm tone and extends last Friday’s jump, looking for retest of 2021 high at 114.69, posted on Oct 20. Repeated downside rejections at 113.40 zone (Fibo 23.6% of 109.11/114.69 rally) left a higher base after…
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Spot gold dips to the lowest in over one week on Friday, pressured by higher dollar and rise in US bond yields. The price accelerated lower and down 0.2% in the US session, on track for the biggest daily loss since Oct 15. The yellow…
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The eurozone economic growth remained strong in the third quarter as the economy emerged from summer crisis sparked by new wave of coronavirus infections which resulted in lockdowns. The economy grew by 2.2% in the third quarter, at the…
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The Euro eases from new one-month high, posted after Thursday’s post-ECB 0.7% advance (the biggest one-day rally since May 5). Traders reacted on ECB Lagarde’s less dovish than expected speech , while US GDP data miss added to positive…
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The US economy slowed significantly in the third quarter, due to rise in Covid-19 infections and persisting supply problems that caused shortages of a number of goods that reduced consumer spending. The US Gross Domestic Product…
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The WTI oil extends weakness on Thursday and hit two-week low, following Wednesday’s 2.8% drop (the biggest one-day loss since Aug 4). Oil prices came under increased pressure on surprise rise of US crude inventories last week (4.26 mln…
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The USDJPY is standing at the back foot in European trading on Thursday, following a mild reaction on the outcome of BoJ policy meeting, earlier today. The Bank of Japan kept ultra-easy policy as expected, with short-term interest rate…
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The Euro ticks higher in early European trading on Thursday but remains in in directionless mode for the third consecutive day, as markets await today’s ECB policy meeting and US Q3 GDP data for fresh direction signals. The central bank is…
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