Windsor News & Research Blog - Forex & CFD Market Analysis

The US Federal Reserve Chairman Jerome Powell, in his speech to the Jackson Hole economic conference, gave no signal on start of bond-buying taper, but repeated that the central bank will continue helping economic recovery towards full…
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The Euro is slightly bid in early Friday but lack of firmer signals keeps near-term action directionless for the third straight day. All eyes are on the speech of Fed Chair Powell, due later today, as traders look for hints for timing of…
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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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