Windsor News & Research Blog - Forex & CFD Market Analysis

Euro zone composite Purchasing Managers' Index, which tracks the activity in both, manufacturing and services sectors and is seen as a good guide to economic health, fell to 59.0 in August from 60.2 in July (15 year high) and slightly below…
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Cable is consolidating round pivotal Fibo barrier at 1.3837 in European trading on Friday, following Thursday’s 0.46% advance and awaiting US labor data for fresh signal. Near-term structure firmed after Thursday’s lift above three-day…
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The Euro keeps firm bullish tone and approaching strong barriers at 1.1900 zone (Fibo 38.2% of 1.2266/1.1664 at 1.1894 and July 30 peak at 1.1908). Break here would confirm reversal and unmask key 1.20 resistance (psychological / 200DMA /…
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US weekly jobless claims dropped by 14,000 to 340,000 for the week ended Aug 28, hitting the lowest level since mid-March 2020 when the epidemic hit the US and nonessential businesses week were shut in the lockdown., with last week’s figure…
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The WTI regained traction and edged higher on Thursday after three-day drop was contained by converged 10/20DMA’s which formed bull-cross. Oil prices dropped on Wednesday after the OPEC+ group agreed to keep its policy of gradually…
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Cable remains constructive in early European trading on Thursday and holding within thick daily cloud, but long upper shadows on candles of past two days warn of headwinds bulls face. Also, repeated rejection above 50% retracement of…
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The Euro accelerate higher on Wednesday after soft US data deflated dollar. The ADP report showed that US private sector added 374K new jobs in August, compared to expectations for 613K and July’s figure, downwardly revised from 330K to…
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Australia’s gross domestic product rose 0.7% in the second quarter, showing significant drop from the first quarter’s 1.9% growth, but came above 0.5% forecast, sidelining fears of negative result. The economy started to slow before the…
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Bulls regained traction and accelerated in early Tuesday’s trading after Monday’s pause. Lift through Fibo barriers at 1.1806/15 (23.6% of 1.2266/1.1664 / 61.8% of 1.1908/1.1664) dented strong obstacle at 1.1832 (base of thick daily…
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Bulls started to lose steam on Monday after last week’s nearly 1% advance, facing strong headwinds from the base of thick daily cloud (1.3760). Although the price action is holding near the top of multi-day congestion, cable is lacking…
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