Windsor News & Research Blog - Forex & CFD Market Analysis

WTI oil eases in European trading on Thursday following previous day’s bounce that sidelined fresh bears on pullback from new multi-month high at $63.79. Oil prices remained mainly unaffected by a record surge in US crude inventories of…
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Near-term structure weakens further on Thursday as fresh bears gain pace and return below daily cloud base (which contained Wednesday’s dip), offsetting positive signal from Tuesday’s strong downside rejection (long tail of daily candle)…
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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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