Windsor News & Research Blog - Forex & CFD Market Analysis

Last Friday’s hammer candle and Monday’s strong rebound (0.7% for the day) completed a reversal pattern on daily chart, but fresh gains started to show a signs of fatigue after hitting correction target at 1.3747 (Fibo 38.2% of…
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The dollar index extends gains into fifth straight day and hits new highest levels since early June on Friday. Global risk aversion on growing fears over consequences of fresh spread of Delta variant which already caused new lockdowns in…
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UK retail sales fell by 2.5% in July, strongly disappointing expectations for 0.4% rise and against June’s downwardly revised figure to 0.2% from 0.5%. July’s drop is the biggest since January when the country returned to lockdown, with…
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Bears are taking a breather and consolidating above three-month low ($62.39) in early Friday trading, following a steep fall in past six days. The contract is on track for a weekly loss of over 5% as surging cases of Delta variant of…
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The US weekly jobless claims fell 29,000 to 348,000 last week, hitting the lowest since mid-March 2020 and signaling that the US labor sector continues to recover from the deep crisis caused by coronavirus pandemic. The previous week’s…
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The Australian dollar extends weakness into fourth straight day and fell to the lowest levels since early November 2020 on Thursday. Weaker equities on risk aversion and steep fall in iron ore prices weighed on risk-sensitive Aussie…
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Cable resumes steep descend, which paused after 0.8% drop on Tuesday, and probed below 1.3700 mark on Thursday. Bears cracked pivotal Fibo support at 1.3668 (76.4% of 1.3571/1.3983), on course to fully retrace the upleg from 1.3571 (July…
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The Euro holds firmly in red for the fourth straight day and hit new 2021 low (1.1665) on probe through key supports at 1.1704/1.1694 (former annual low of Aug 11 / Fibo 38.2% of 1.0635/1.2349 rally). Fresh risk aversion on fears that…
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As concerns about the pandemic consequences of the Covid19 delta variant on the financial market continue, demand levels on many stocks have fallen, and prices are moving in the corrective direction, resulting in declining key indices such…
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In the gold market, due to the reduction of risk-taking in the financial markets, the demand for gold as a safe investment alternative has increased, and the price is moving in a bullish trend. Today, US Federal Reserve Chairman, Jerome…
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