Windsor News & Research Blog - Forex & CFD Market Analysis

Bulls extend steep ascend and hit new highest levels since mid-July in early Thursday’s trading, cracking pivotal barriers at 107.15/23 (Fibo 50% of 111.71/102.59 / 100WMA). This area is seen as a breakpoint and bulls will tighten grip…
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The US ADP National Employment Report for February showed that private payrolls rose by 117,000 compared to upwardly revised January’s 195,000 and also disappointed expectations for increase by 177,000. Job losses in manufacturing and…
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Eurozone’s Composite Purchasing Managers’ Index, which gives good indication of economic health, rose to 48.8 in February from 47.8 previous month and overshot 48.1 forecast, but remains firmly below the 50 threshold which separates growth…
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Cable edges higher in early Wednesday’s trading but remains within range, capped by 1.40 level, now reverted to solid resistance. Pullback from new nearly three year high showed signs of stall after being repeatedly contained by rising…
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The Euro tumbles on Tuesday as downbeat German retail sales data contributed to bearish near-term tone. Bears remain firmly in play for the third straight day, despite Monday’s failure to close below the base of daily Ichimoku cloud and…
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The pair maintains firm bullish tone for the sixth straight day and hit new multi-month high in early Tuesday’s trading, driven by rising demand for the US dollar. Bulls pressure resistances at 107 zone, consisting of mid-Aug high…
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German retail sales fell 4.5% in January following an upwardly revised drop of 9.1% in December, falling well below forecasted decline of 0.3%. January’s weak data came as a result of closure of a number of retail stores on Covid-19…
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Cable stands at the back foot on Monday and remains below 1.40 mark after losing around 1.5% in past two days. Increased demand for dollar pushed sterling lower after bulls hit the highest level in almost three years (1.4238)…
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German factory activity growth accelerated in February and hit the highest level in more than three years, driven by rising demand from China and the United States. Manufacturing Purchasing Managers’ Index rose to 60.7 in February from…
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The Euro remains firmly in red and extends weakness on Monday, despite solid German / EU PMI data, weighed by Friday’s massive bearish daily candle (the pair was down 0.84%, making the biggest one-day fall since 19 Mar 2020). Fresh bears…
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