Windsor News & Research Blog - Forex & CFD Market Analysis

The dollar fell against its major counterparts after data showed US inflation ticked above expectations in March. Monthly consumer price index rose by 0.6% in March, the largest gain since August, from 0.4% previous month and slightly…
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The pair stands at the back foot in early Tuesday’s trading, but near-term action remains within congestion that extends into fourth consecutive day. Pullback from new one-year high at 110.96 (Mar 31) found footstep at 108.99 (Fibo 23.6%…
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Britain’s economy expanded by 0.4% in February, missing forecast for 0.6% rise, but showed strong improvement compared to January’s upwardly revised contraction from -2.9% to -2.2%, as businesses were preparing for the lifting of a third…
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Spot gold holds in red for the second straight day and extends lower after bulls failed to register a clear break above key barrier at $1755 (Mar 18 high) and generate initial signal of double-bottom formation. Elevated US Treasury yields…
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The cross is consolidating after last week’s 2% rally, as bulls faced strong headwinds at the base of thick falling daily cloud (0.8670) Repeated penetration into cloud failed to register a close within the cloud and it’s unlikely that…
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The dollar extends consolidation above 2 ½ week low after bears were sidelined by stronger than expected US producer price data that improved the mood. Lower Treasury yields kept the greenback under pressure last week which resulted in the…
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Cable stands at the back foot in early Monday’s trading following bearish close last week, but bears continue to face strong headwinds from strong supports at 1.3682/70 (100DMA / Mar 25 low). Long lower shadows on Friday’s and Monday’s…
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WTI oil price eased on Friday, being capped under psychological $60 level for the fourth straight day, but three consecutive Dojis with long shadows (Tue/Thu) signaled a lack of direction. Persisting (although reduced) impact of COVID-19…
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The Euro stands at the back foot on Friday and eases from new 2 ½ week high (1.1927) driven lower by rising dollar and US yields. Fresh weakness probes back below 200DMA (1.1886) but close below here is needed to generate negative signal…
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The US Federal Reserve plans to keep its ultra-easy policy in place until it’s clear the pandemic is over and until it sees substantial further progress towards meeting the central bank’s inflation and employment goals. St Louis Fed…
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