Windsor News & Research Blog - Forex & CFD Market Analysis

The Australian dollar dipped below 0.73 support in early European trading on Wednesday, extending steep fall into fifth straight day, pressured by rising US dollar. Much stronger than expected drop in Australia’s June retail sales, caused…
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Cable remains offered on Tuesday hit new 4 ½ month low in extension of Monday’s 0.73% fall, driven by risk aversion on growing concerns on global and local spread of Covid-19 Delta variant. Investors continue to sell pound, showing very…
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The dollar remains steady in early Tuesday’s trading and retested new 3 ½ month high (93.03), posted after bullish acceleration on Monday. Global spread of highly contagious Delta variant of coronavirus raised fears of a pandemic…
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WTI oil price collapsed on Monday after OPEC+ group eventually reached an agreement to boost output from August and cool oil prices that rose to the highest levels in nearly seven years. Strong bearish acceleration (the contract is so…
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Cable extends weakness into third straight day (down nearly 0.5% in Asia / early Europe on Monday) and pressures strong 1.3700 support zone (round-figure / 200DMA). Last week’s break below the triangle and today’s extension below…
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The Euro holds in red for the third straight day and accelerates below 1.18 handle in early Monday. Quick spread of Delta variant of coronavirus sours the sentiment and fuels fresh risk aversion that keeps the Euro under pressure.…
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US retail sales jumped 0.6% in June from downwardly revised 1.7% drop in May, while economists forecasted decline of 0.4%. Unexpected increase was boosted by persisting strong demand for goods, despite spending was shifted to services…
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Spot gold eases on Friday morning after larger bulls broke above pivotal 200DMA ($1826) but Thursday’s Doji candle signaled indecision. Dips are likely to provide better buying opportunities, as near-term structure is bullish, and the…
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Cable probes below triangle support line in early Friday, after repeated rejections at the upper boundary of the pattern signaled that bulls are lacking momentum, despite positive UK inflation data. Fresh weakness is mainly driven by…
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The Euro is standing at the back foot in early European trading ahead of EU inflation data. Thursday’s close in red after upside rejection and signal of bull-trap above falling 10DMA, weighs on near-term action, along with bearish daily…
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