Windsor News & Research Blog - Forex & CFD Market Analysis

Cable bounced on Wednesday after retesting 1.3814 (one-week low posted on Tuesday), as traders took some profits from four-day drop. Near-term bears face headwinds from strong bids at 1.3800 zone (1.13814 (Today/Tue lows / 1.3791/86 – lows…
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China’s economic activity slowed in June, weighed by higher raw material costs, persisting supply shortage amid wider supply chain disruptions, particularly in semiconductors and coronavirus outbreak in China’s major export province. The…
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Last week’s strong upside rejection at the base of thick daily cloud (1.1974) and subsequent drop, warn of further weakness. Near-term action is weighed by bearish daily studies and a massive cloud, keeping in play risk of attacking…
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The Australian dollar holds in red for the second straight day and extends weakness after last week’s recovery was strongly rejected on Friday. The Aussie is pressured by falling iron ore prices, Australia’s biggest export earner, and new…
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Monday’s Doji candle signals directionless near-term action after last week’s recovery was capped by psychological 1.40 barrier and subsequent weakness found footstep at 1.3868 (Fibo 61.8% of 1.3786/1.4001 upleg). Rising and thickening…
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The dollar regained traction on Monday after two-day pullback from new three-month high (111.11) found strong bids at 110.50 (rising 10DMA) zone, with Friday’s long-tailed candle pointing to downside rejection. Bullish daily studies…
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The Euro remains in a choppy mode as the action stays capped under thick daily cloud, with long upper shadow on Friday’s candle pointing to strong upside rejection and keeping the downside vulnerable. Bearish setup of daily moving…
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The US Federal Reserve’s main inflation gauge – core PCE price index – rose to 3.4% in May from 3.1% in April, posting its biggest annual increase in almost 30 years, with inflation being boosted by increased demand for services and supply…
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The Australian dollar rose to one-week high (0.7602) on Friday, lifted by fresh risk appetite as initial enthusiasm on hawkish Fed started o fade, as US policymakers remain split on risk view over surging inflation and large jobs deficit.…
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Cable remains in red for the second day, as dovish BoE faded hopes that the central bank would send initial signals of earlier than expected start of policy tightening due to surging inflation. Reversal pattern is forming on daily chart…
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