Windsor News & Research Blog - Forex & CFD Market Analysis

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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The Euro bounces from new 3 ½ low (1.1835) on Tuesday, as steep fall in past four days stalled on approach to 200DMA (1.1816), offsetting for now bearish signal on Monday’s close below 1.1887 (Fibo 61.8% of 1.1602/1.2349 upleg). Better…
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Bulls are taking a breather on Tuesday, following strong bullish acceleration in past eight days which peaked at 109.23 today (the highest since June 8), but faced headwinds from 200WMA (109.00) and Fibo 38.2% of 2015/2016 125.84/98.99…
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Cable is holding within a narrow range above 1.3800 handle on Monday after pullback from new highest since 2018 was paused by optimistic comments from BoE’s Governor Bailey that the central bank is to get inflation up to 2% target and hold…
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WTI oil surged to the highest since October 2018 on Monday ($67.95) as the sentiment further improved after the US Senate passed a $1.9 trillion economic stimulus package, while an attack on Saudi’s oil installations by Yemeni groups…
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The Euro fell to new 3 ½ month low in early Monday’s trading, extending steep fall into fourth straight day. The pair fell 1.3% last week, recording the biggest weekly loss since the last week of September 2020. Last Friday’s close below…
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The production in German industrial sector which includes manufacturing, construction and energy, fell 2.5% in January from December’s upwardly revised 1.9% and against forecasted increase of 0.2%. The biggest contribution to January’s…
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