Windsor News & Research Blog - Forex & CFD Market Analysis

The Euro jumped to new 4 ½ month high in early Tuesday’s European trading, lifted by fresh weakness of the dollar. Fresh strength broke above five-day congestion and signaling continuation of the uptrend from 1.1704 (Mar 31 low), but daily…
Read More...

The Euro bounced on Monday and reversed the most of Friday’s drop, as fresh advance is pressuring the upper boundary of the range that extends into fifth straight day. The single currency remains well supported by expectations that bloc’s…
Read More...

The Australian dollar edges higher on Monday after a multiple failure at 55DMA (0.7716) which proves to be strong support. Fresh advance is supported by rising bullish momentum on daily chart, but headwinds are expected at daily cloud top…
Read More...

Cable is standing at the back foot in European trading on Monday, following Friday’s close in red after strong upside rejection just ticks ahead of 2021 high at 1.4238 (bulls spiked to 1.4233 before pulling back). Fresh weakness on Monday…
Read More...

The dollar holds within extended congestion above new three-month low at 89.61, posted on Friday. Traders were disappointed by dovish stance from Fed as minutes from central bank’s April policy meeting showed that those policymakers who…
Read More...

The Euro lost traction on Friday following comments from ECB President Lagarde who said that it is still too early to discuss policy after the end of central bank’s emergency bond buying scheme and seeing inflation rise this year as…
Read More...

Euro zone Composite Purchasing Managers’ Index which combines performance in manufacturing and services sectors and is seen as one of main gauges of the economic health, rose to 56.9 in May from 53.8 previous month and well above 55.1…
Read More...

Cable jumped to 1.4200 zone after upbeat UK retail sales but failed to break higher, remaining within 1.41/1.42 range for the fourth straight day. Larger bulls remain supported but face headwinds on approach to 2021 high at 1.4238 (Feb…
Read More...

Reopening of non-essential shops in Britain on April 12, after shutting in early January due to coronavirus restrictions, boosted British retail sales last month. Retail sales surged by 9.2% in April from downwardly revised 5.1% in March…
Read More...

Spot gold kept positive tone on Thursday despite warning technical signal of indecision and possible stall from Wednesday’s long-legged Doji candle. The metal remains supported by fears of rising inflation which dominates in the near-term…
Read More...