Windsor News & Research Blog - Forex & CFD Market Analysis

The Euro was sold in early Friday’s trading following a double rejection at key resistance zone at 1.1991/1.2000 (Fibo 38.2% of 1.2242/1.1835 bear leg / psychological). Traders digested ECB’s decision to keep overall policy package…
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US initial jobless claims fell by 42,000 from 754,000 previous week to 712,000 in the week ended March 6, falling below forecasted 725,000 and hitting the lowest in four months. Better than expected figures came as a result of improving…
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The European Central Bank left key rates and Pandemic Emergency Purchase Program (PEPP) unchanged as expected, reaffirming its commitment to keep bloc’s borrowing costs down, but stopped adding firepower to its already aggressive…
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After nearly two months of negotiations, since President Joe Biden first unveiled his American Rescue Plan, the US House of Representatives finally gave green light to one of the largest economic stimulus measures in American history.…
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The Australian dollar gained traction after soft US inflation data and probing above the top of near-term congestion, limited by 55DMA (0.7720). Fresh recovery attempts after repeated failures to clearly break into rising daily cloud (the…
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The Euro rose in early US trading on Wednesday after US inflation data for February failed to surprise, coming mainly in line with expectations that deflated dollar. Fresh extension of Tuesday’s 0.46% jump adds to initial signals of…
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French industrial production rose by 3.3% in January following 0.7% drop in December, heavily beating expectations for 0.5% rise and hitting the highest level since July 2020. Strong rise offset a slump in the previous month and signal…
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Cable stands at the front foot in early Wednesday’s trading, following Tuesday’s 0.53% bounce which formed reversal pattern on daily chart. Recovery attempts were so far limited and lacking strength to extend above pivots at 1.3910/36…
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The Organization for Economic Cooperation and Development (OECD) has improved its global growth forecast for 2021 from 4.2% to 5.6% and expects the world economy to expand 4.0% in 2022. The OECD also doubled US growth forecast to 6.5% on…
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Spot gold rose from new nine-month low ($1676) on Tuesday, as dollar bulls are pausing and technical studies on daily chart are oversold, providing temporary support to the metal. Overall picture remains negative for gold, as global growth…
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