Windsor News & Research Blog - Forex & CFD Market Analysis

Spot gold probed again below $1800 support on Wednesday, as rising dollar dents metal’s safe-haven appeal, but growing fears about pandemic resurgence and new lockdowns could hurt global economic recovery, keep the metal afloat. The price…
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The Euro hit new 3 ½ month low (1.1751) in European session on Wednesday. But bears started to face headwinds on approach to key supports at 1.1704/1.1694 (2021 low, posted on Mar 31 / Fibo 38.2% of 1.0635/1.2349 rally), that resulted in…
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Bulls regained control as bounce from Monday’s seven-week spike low extends into second straight day and probe above pivotal 110 barrier (psychological / Fibo 38.2% of 111.65/109.09 fall). Strong downside rejection on Monday formed a…
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The Australian dollar dipped below 0.73 support in early European trading on Wednesday, extending steep fall into fifth straight day, pressured by rising US dollar. Much stronger than expected drop in Australia’s June retail sales, caused…
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Cable remains offered on Tuesday hit new 4 ½ month low in extension of Monday’s 0.73% fall, driven by risk aversion on growing concerns on global and local spread of Covid-19 Delta variant. Investors continue to sell pound, showing very…
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The dollar remains steady in early Tuesday’s trading and retested new 3 ½ month high (93.03), posted after bullish acceleration on Monday. Global spread of highly contagious Delta variant of coronavirus raised fears of a pandemic…
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WTI oil price collapsed on Monday after OPEC+ group eventually reached an agreement to boost output from August and cool oil prices that rose to the highest levels in nearly seven years. Strong bearish acceleration (the contract is so…
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Cable extends weakness into third straight day (down nearly 0.5% in Asia / early Europe on Monday) and pressures strong 1.3700 support zone (round-figure / 200DMA). Last week’s break below the triangle and today’s extension below…
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The Euro holds in red for the third straight day and accelerates below 1.18 handle in early Monday. Quick spread of Delta variant of coronavirus sours the sentiment and fuels fresh risk aversion that keeps the Euro under pressure.…
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US retail sales jumped 0.6% in June from downwardly revised 1.7% drop in May, while economists forecasted decline of 0.4%. Unexpected increase was boosted by persisting strong demand for goods, despite spending was shifted to services…
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