Windsor News & Research Blog - Forex & CFD Market Analysis

The US gross domestic product increased at 6.6% annualized rate in its second estimate for the second quarter, revised up from 6.5% expansion in July and slightly below consensus for 6.7% growth. The economy expanded by 6.3% in the…
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Cable eases from recovery high (1.3766) in European trading on Thursday, as three day rally faced headwinds on approach to daily cloud base (1.3795). Daily studies have slightly improved but still lack firmer bullish signal, but weekly…
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The EURCHF cross rose to one-week high in early European session on Thursday, extending strong gains into second straight day. The move was sparked by SNB intervention talks that pushed Swiss franc lower in the middle of risk aversion…
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The AUDUSD is holding within narrow consolidation on Wednesday, after Mon-Tue bounce retraced over a half of last week’s sharp bearish acceleration which hit a multi-month low at 0.7106. Fresh bulls faced strong headwinds from falling…
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BRENT CRUDE OIL Strong two-day rally on Monday and Tuesday (the contract was up 9.6%), which erased the most of Aug 12-20 steep fall, was capped by daily cloud base and bulls are taking a breather on Wednesday. Fresh bulls started to…
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The USDJPY edged higher in European trading on Wednesday, just to return to the middle of the range that extends into six straight day. Long shadows of daily candle of past few days signal strong indecision, as market awaits fresh…
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The Euro standing at the back foot in early Wednesday’s trading after three-day recovery failed to break pivotal Fibo resistance at 1.1757 (38.2% of 1.1908/1.1664). Near-term action is consolidating between Fibo barrier and 10 DMA (1.1733)…
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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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