Windsor News & Research Blog - Forex & CFD Market Analysis

The dollar jumped on Wednesday, but gains proved to be short-lived and seen as positioning ahead of fresh push lower as the greenback remains firmly in red vs Japanese yen for the fifth straight day. The sentiment soured on growing fears…
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Cable is losing traction in European trading on Wednesday, failing to capitalize from upbeat April’s UK inflation figures. Pound faced strong headwinds at 1.4200 zone that was shown by long upper shadow of Tuesday’s daily candle. Drop of…
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Bulls are fully in control and extend advance on Wednesday to test levels last traded in early January. Tuesday’s 0.63% rally closed above important Fibo barrier at 1.2197 (76.4% of 1.2349/1.1704) and generated fresh bullish signal, with…
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The dollar holds in red against the basket of major currencies for the fourth straight day, pressured by fading hopes of Fed changing monetary policy soon and accelerated lower on Tuesday after poor US housing data further soured the…
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Britain’s unemployment fell and hiring rose in March despite the country was under a tight lockdown during this period, signaling that British companies were accelerating in preparations for lifting restrictions. The unemployment rate…
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Cable maintains firm tone and extends rally from bear-trap on 1.4049 Fibo support into third straight day. Fresh bullish acceleration in early Tuesday was boosted by weaker dollar and better than expected UK labor data, as easing lockdown…
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Spot gold extended strong rally of last Thu/Fri (up 1.54%) on Monday and hit new highest level in more than three months ($1855), lifted by fresh safe -haven demand over worries on surging coronavirus cases in some Asian countries and…
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The Euro maintains bullish tone on Monday and hits one-week high, in extension of Friday’s 0.55% advance. Bulls eye pivotal barriers at 1.2181/97 (May 11 upside rejection / Fibo 76.4% of 1.2349/1.1704) with close above the latter to signal…
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The Euro regained traction and jumped above 1.21 handle in early European trading on Friday, following repeated failure to close below pivotal Fibo support at 1.2068 (23.6% of 0.1704/1.2181 rally) that reduced risk of deeper pullback.…
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The US weekly jobless claims continue to fall and hit the lowest levels since pre-pandemic period in the week ending May 8. Initial claims for state unemployment benefits fell to 473,000 from 507,000 previous week and beat 490,000…
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