Windsor News & Research Blog - Forex & CFD Market Analysis

Three-day pullback from six-week high (1.1909) found footstep at 1.1815/10 zone (Fibo 38.2% of 1.1664/1.1909 upleg / 55DMA) and edges higher in European session on Thursday, lifted by better than expected German data. Wednesday’s close…
Read More...

The Dax accelerated lower on Wednesday, extending weakness into the second consecutive day and being on track for the biggest one-day loss since July 19. Global stocks eased on worries about the slowing pace of global economic recovery,…
Read More...

The Reserve Bank of Australia kept interest rates at a record low in its September policy meeting as widely expected and also extended asset purchases to at least mid-February 2022 but surprised by reducing its bond-buying by A$1 billion to…
Read More...

Bulls are taking a breather on Monday after strong gains in past two weeks, as volumes thinned due to US holiday and traders awaiting early Tuesday’s RBA policy meeting for more information about tapering decision. The action is supported…
Read More...

The Euro starts the week in negative mode and signaling correction after strong rally in past two weeks, as the dollar regained traction following a big US non-farm payrolls miss that fades Fed tapering expectations. Last Friday’s Doji…
Read More...

The dollar kept bearish tone despite much weaker than expected US non-farm payrolls report that was expected to depress the risk mode and lift safe-haven greenback. Investors remained cautiously optimistic and assuming that weak labor data…
Read More...

The US Labor Department’s closely watched nonfarm payrolls report strongly disappointed in August as only 235,000 jobs were created last month, compared to upwardly revised July’s figure to 1.053 million and average forecast for increase of…
Read More...

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…
Read More...

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…
Read More...

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 /…
Read More...