Windsor News & Research Blog - Forex & CFD Market Analysis

WTI oil rose to one-week high on Wednesday, lifted by expectations of rising fuel demand  that would offset fears about the impact of a surge in India’s coronavirus cases, while lower than expected build in US crude inventories (0.090 mln…
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The dollar ticked higher in early American trading, maintaining the series of higher highs and higher lows in past three days, after larger bears faced strong headwinds at key Fibo support at 90.79 (61.8% of 89.15/93.45 upleg) but long…
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The Euro eases on Wednesday but so far remains within the range of past two days, as traders await the outcome of Fed’s policy meeting. Wide expectations are for unchanged policy as the central bank reiterated its stance that no changes in…
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The US Federal Reserve is likely to stay on course and keep the policy unchanged at the end of two-day Federal Open Market Committee meeting today, as there has not been enough progress in the economic recovery yet to start easing the…
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Australian inflation rose by 1.1% in the first quarter from 0.9% in the previous three-month period but missed forecast for 1.4% rise and remaining far below Australia central bank’s 2-3% target band. A key measure of trimmed mean…
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Turkish lira rebounded from new one-month (8.4340) posted on Monday, as traders collected profits after the last week’s advance showed signs of stall on approach to Mar 30 /22 lower tops (8.4443 / 8.5015). Despite fresh strength, overall…
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The dollar bounces in early Tuesday’s trading after double failure at key Fibo support at 107.76 (38.2% of 102.59/110.96) signaled formation of bear-trap pattern and generated initial bullish signal. The action is also supported by…
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Bulls are taking a breather after Monday’s failure to clearly break through important Fibo barrier at 1.2102 (61.8% of 1.2349/1.1704) and the action was capped by bear-trendline (1.2114) connecting tops at 1.2349 and 1.2242. Monday’s daily…
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The dollar is consolidating on Monday after 0.5% drop on Friday, but remains in red, weighed down by Friday’s big bearish daily candle and close below the base of ascending daily cloud. Additional bearish signal has been generated on…
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The German Ifo business climate index rose to 96.8 in April from 96.6 in March, disappointing expectations for strong rise to 97.8, the highest since May 2019. Slight improvement in business morale reflects Germany’s continuous efforts…
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