Windsor News & Research Blog - Forex & CFD Market Analysis

Cable stands at the back foot, weighed by Tuesday’s bearish daily candle with long upper shadow, formed after strong upside rejection on false break of descending 10DMA and subsequent weakness. The action generated an initial signal of…
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WTI oil is consolidating in early Wednesday after Tuesday’s sharp pullback from new highest level in almost seven years. Oil price fell 3.3% on Tuesday, registering the biggest one-day drop since Apr 5, mainly hit by failure of OPEC+…
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Bears regained control after brief consolidation was capped by falling 10DMA and fresh weakness is on track for eventual close below cracked pivot at 1.1836 (Fibo 76.4% of 1.1704/1.2266 upleg). Disappointing German data added to euro’s…
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The Australian dollar accelerated to one-week high (0.7599) in early Tuesday, signaling that near-term bulls from new multi-month low at 0.7444 (July 2) tighten grip despite the RBA’s dovish stance on today’s policy meeting. The Reserve…
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The activity in China’s services sector slowed significantly in June, as resurgence of coronavirus cases in the south of the country, negatively affected sector’s growth. A private survey – Caixin services Purchasing Managers’ Index-…
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Cable extends fresh bullish mode into second day, lifted by post-NFP profit-taking on dollar’s long positions, as well as news on a battle for Britain’s fourth largest supermarket group Morrisons. The sentiment is additionally boosted by…
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The Euro is trading within a narrow range in early Monday, as extended US holiday lowers volumes. Last Friday’s post-NFP action left bullish candle (the first after four consecutive red daily candles) with long tail, marking the…
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The US dollar dipped against the basket of major currencies despite better than expected US labor data in June. Larger uptrend remains intact, with current dip seen as positioning for fresh push higher, as the labor report has less impact…
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The growth in the US labor sector accelerated in June as booming demand on fast economy reopening boosted hiring. Non-farm payrolls increased by 850,000 new jobs in June, overshooting forecast for 700,000, while May’s figure was revised…
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The Euro extends weakness into fifth straight day, hitting the lowest in nearly three months on Friday. Bears broke below key supports at 1.1747/36 (June 18/21 lows / Fibo 76.4% of 1.1704/1.2266 ascend) but need to register weekly close…
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