Windsor News & Research Blog - Forex & CFD Market Analysis

Gold price eased further on Wednesday, after loss of psychological $2500 support generated initial signal of potential deeper pullback. Extension below 20DMA (2489) dented pivotal Fibo support at $2473 (38.2% of $2379/$2531 upleg) adding…
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Oil prices remain firmly in red and dipped below psychological $70 level in early Wednesday, in extension of Tuesday’s 5% fall. WTI contract price hit ne 2024 low, driven by growing concerns about global oil demand (boosted by Tuesday’s…
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The US manufacturing sector showed a slight improvement in August, with the Institute for Supply Management (ISM) manufacturing PMI rising to 47.2, up from an eight-month low of 46.8 in July. However, the PMI remains below the crucial 50…
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AUDUSD fell to one-week low on Tuesday, falling 1% until early US session, deflated by fall in iron ore and unexpected widening of Australia’s current account gap, while US manufacturing sector performed in August slightly better than…
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The dollar index eases from new two-week high on Monday, after strong three-day recovery rally showed initial signs of fatigue. Repeated rejection at 101.72 barrier (50% retracement of 103.06/100.38 bear-leg / 4-hr cloud top) and…
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GBPJPY rose to one-month high on Monday and generated initial signal of bullish continuation on probe above the top of month-long range (192.16) reinforced by 200DMA. Firm break here to confirm signal and open way for fresh upside, with…
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Oil price fell further in early Monday, in extension of Friday’s 3% drop (the biggest daily loss since Aug 14). The sentiment weakened further on renewed concerns about demand from the US and China, partial reopening of Libya’s oil…
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The US personal consumption expenditures price index (PCE), closely watched by Fed as preferred inflation gauge, rose 0.2% in July after 0.1% gain in June, in line with forecast. Annualized PCE price index increased 2.5%, unchanged from…
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Gold keeps firm tone and holding near new all-time high on Friday, awaiting release of US PCE data (due later today) for fresh signals. The metal remains well supported by strong demand (as safe haven as well as large purchases by…
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The dollar index extends recovery into second straight day, lifted by short covering ahead of key supports at 100.29/21 zone (Dec 2023 low / 200WMA). Oversold daily studies contributed to fresh rise, as stochastic and RSI emerged from…
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