Windsor News & Research Blog - Forex & CFD Market Analysis

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...