Windsor News & Research Blog - Forex & CFD Market Analysis

The US initial claims for state unemployment benefits fell by 92,000 to a seasonally adjusted 498,000 in the week ending May 1, beating forecast for 540,000 claims and hitting the lowest level since March 2020, when America entered the…
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The Euro bounces on Thursday, as bears faced headwinds from psychological 1.20 support and taking a breather above pivotal 1.2000/1.1973 support zone (psychological / top of thick daily cloud). Upticks should be ideally capped by 100DMA /…
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The dollar slips on Thursday after a week-long recovery from one-month low (driven by strong economic data which pointed to rapid economic recovery) was repeatedly capped by the base of rising and thickening daily cloud. Daily momentum…
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The Dax maintains positive tone and extends recovery from one-week low (14833) into second day. Fresh risk appetite on hopes of strong economic recovery keep the global stocks resilient, while stronger than expected German data, released…
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US private sector employment increased in April by the most in seven months, boosted by strong rise in demand that accelerated production, as strong economic recovery, powered by massive government’s fiscal support and rising vaccinations,…
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The dollar stands at the front foot on Wednesday and eyes cracked pivot at 109.63 (Fibo 61.8% of 110.96/107.47), where bull-trap was formed on Monday that still weigh on the action. On the other side, rising and thickening daily cloud…
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Bears probe through psychological 1.20 support in early European trading on Wednesday and risk deeper fall. Bull-trap above 1.2102 Fibo barrier and last Friday’s massive bearish candle weigh on Euro as bears pressure next key supports at…
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The Turkish lira maintains overall weak tone and holding within multi-week consolidation, not far from new all-time low, posted in November last year. Rising inflation and central bank’s inability to adopt conventional measures to tackle…
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Britain’s Purchasing Managers’ Index for manufacturing activity jumped to 60.9 in April from 58.9 in March, slightly beating 60.7 expectation and hitting the highest level since July 1994. The data show that manufacturing activity…
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The Reserve Bank of Australia left its key interest rates at all-time low 0.1% for a fifth straight policy meeting and signaled that may keep its ultra-loose policy for extended period even as the economy recovers from pandemic crisis.…
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