Windsor News & Research Blog - Forex & CFD Market Analysis

The US President Joe Biden is expected to release his plan to increase taxes on the wealthiest Americans, as a plan of the US tax system overhaul aims to make rich companies and individuals pay more to fund a childcare, education and paid…
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The number of Americans filing new claims for unemployment benefits fell for the third consecutive week, signaling layoffs were receding, as re-opening economy boosted demand and brightened expectations for strong job growth in April.…
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Cable accelerated lower on Thursday and broke pivotal Fibo support at 1.3879 (38.2% of 1.3669/1.4008 upleg), driven by stronger dollar on fresh safe-haven buying after India reported record number of new COVID cases, while better than…
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The Euro edges higher in European trading on Thursday but remains within the range of past two days ahead of key risk event – ECB policy meeting. Stronger action after the central bank meeting is unlikely to happen as the ECB is expected…
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The dollar is holding in a choppy range within daily cloud (spanned between 90.83 and 91.48) for the third consecutive day. Larger bears from 93.45 (2021 high) are taking a breather above strong supports provided by 100DMA (91.00) and…
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Cable extends pullback into second day following failure at psychological 1.40 barrier on Tuesday. Sterling came under additional pressure after data showed that UK inflation rose below forecast, with return into daily cloud also…
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The Euro stands at the back foot and pressuring 1.20 support after bulls stalled on approach to daily cloud top (1.2092) Wednesday. Doji candle with long upper shadow that was formed on Wednesday, signaled strong upside rejection, while…
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British inflation rose to 0.7% in March from 0.4% in February, missing slightly forecasts for 0.8% rise, driven by fuel and clothing prices, with expectations to continue climbing as economy reopens after lockdown. The consumer prices in…
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Cable pulls back from new 6-week high, posted after brief probe through psychological 1.40 barrier, where bulls faced strong headwinds. Profit-taking after Monday’s 1.1% advance (the biggest one-day rally since Oct 21) and overbought daily…
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WTI oil price accelerated higher after three-day consolidation and hit one-month high in early Tuesday’s trading. Weaker dollar and expectations for further fall in the US crude inventories, contributed to fresh advance, along with reports…
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