Windsor News & Research Blog - Forex & CFD Market Analysis

USDTRY rose to one-week high on Tuesday and is on track to fully retrace a partial recovery from last week’s 8.5015 high. Lira remains under increased pressure since the most recent shock after President Erdogan replaced the governor of…
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Bulls broke through psychological 110 barrier and hit one-year high in early Tuesday and pressure monthly cloud base (110.51), violation of which would open way for Mar 2020 high at 111.71. Rally from January low (102.59) accelerated…
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Bears regained traction after a brief pause around 1.1778 Fibo support and hit new lowest since early November in early European trading on Tuesday. Failure to capitalize from bear-trap warns of deeper fall, with strong supports at…
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Spot gold accelerated lower on Monday, losing around 1% in early US trading, as demand for safe-haven yellow metal was hit by stronger dollar and rising hopes for fast global economic recovery. Fresh weakness generated strong bearish…
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The cross remains in steep fall for the third straight day and extends weakness through pivotal support at 0.8515 (Fibo 38.2% of 0.6924/0.9498 ascend) on Monday. With no more support for the single currency from UK’s month-end purchases…
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The Dax is consolidating under new record high (14864) on Monday, after strong advance in past two days. Last Thursday’s bullish candle with long tail signaled downside rejection and an end of shallow pullback, while further acceleration…
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The Euro is holding within tight range above cracked Fibo support at 1.1778 (76.4% of 1.1602/1.2349) in early Monday’s trading as bears take a breather after failure to register weekly close below this support. Initial signs of bear-trap…
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Strong bullish acceleration extends into second day and breaks through Fibo barrier at 109.56 (76.4% of 111.71/102.59), on track for eventual weekly close above 200 WMA (109.31) that would add to strong bullish signals. Bulls approach…
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German business morale surged to the highest level in nearly two years in March, boosted by rising demand for manufactured goods from the factories which continue to increase production during new lockdown restrictions. The Ifo…
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UK retail sales rose by 2.1% in February, in line with expectations, following a drop of 8.2% in January when parts of the country went back into lockdown and the rest was under tight restrictions. The recovery was helped by increased…
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