Windsor News & Research Blog - Forex & CFD Market Analysis

WTI oil price kept firm tone on Monday and probed above $72 per barrel, following last week’s pullback from new 26-month high ($74.93) which briefly dipped below psychological $70 support. Repeated failure to register close below rising…
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Cable jumped from nine-week low in European trading on Monday, driven by 30% rise in share of Morrisons, after one of largest UK grocers rejected takeover, with weaker dollar after strong rally last week, adding to pound’s strength.…
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The Australian dollar is holding near new six-month low (0.7476) hit following last week’s nearly 3% drop after US central bank signaled earlier than expected action in changing monetary policy that inflated US dollar. The Aussie was…
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The Euro is consolidating within a narrow range in early Monday’s trading following last week’s almost 2% drop, sparked by hawkish Fed. Friday’s close below key Fibo support at 1.1918 (61.8% of 1.1704/1.2266) added to bearish signals…
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The USDTRY advanced 4% this week and approached new record high at 8.7536, posted on June 2, Fed’s signals of stimulus tapering and rate hikes, probably earlier than expected, strongly boosted dollar. This week’s advance nearly fully…
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Bears are taking a breather on Friday after strong bearish acceleration in past two days started to run out of steam and found a footstep at key Fibo support at $1768 (61.8% of $1677/$1916 rally) and just above the base of rising and…
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The UK retail sales unexpectedly fell in May, with month on month figure showing 1.4% drop following 9.2% rise in April and disappointed expectations for increase of 1.6%. Annualized figure shows that retail sales were 24.6% higher than…
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Cable holds in red and extends steep fall into fourth straight day, on track for the biggest weekly fall since the second week of June 2020. Sterling weakened on Brexit tensions and delayed lift of Covid restrictive measure and came under…
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The Euro extends sharp post-Fed fall on Thursday and fell to two-month low, additionally pressured by downbeat US weekly jobless claims data, after being deflated by hawkish Fed. Massive Wednesday bearish daily candle (down 1.1% for the…
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The US dollar surged across the board after the US Federal Reserve brought forward its projections for the first post-pandemic crisis interest rate hike in 2023. Hawkish shift towards earlier than expected start of policy changes was…
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