Windsor News & Research Blog - Forex & CFD Market Analysis

The Conference Board's consumer confidence index showed an increase in consumer confidence for August, rising to 103.3 from 101.9 in July, surpassing forecasts. However, there are growing concerns about the labor market. Despite the…
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EURGBP cracked Fibo support at 0.8439 (76.4% of 0.8382/0.8624 rally) and pressuring strong support at 0.8424 (base of thick daily cloud) in extension of five-day steep bear-leg off 0.8544 (Aug 21 lower top). Technical picture on daily…
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Gold edges lower on Tuesday morning after rally in past two days reaching levels ticks away from new record high ($2531). Traders show hesitation, keeping the price in extended consolidation, but demand for yellow metal remains strong,…
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Recovery from $71.46 (Aug 21 low) extends into third straight day and accelerates on Monday on news that oil production in Libya was almost completely stopped, due to political tensions in the country. This adds to growing fears over…
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USDJPY dips to three week low on Monday and hit Fibo 76.4% retracement of 141.68/149.40 corrective upleg, adding to signals that correction of larger downtrend is close to its end. Strong drop last week (2.1%) completed a bearish…
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Cable eases from new highest levels since March 2022 on Monday, suggesting that bulls may take breather after 3.6% advance in past two weeks and strong bullish acceleration last Friday (almost 1% daily gain). Strongly overbought daily…
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EURUSD cracked 1.1200 barrier after Friday’s 0.75% rally (the biggest daily gain since Aug 2) and hit new 2024 high early Monday. Bulls remain firmly in play after strong advance in past two weeks and on track for the biggest monthly…
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The US dollar fell across the board on Friday, following a highly anticipated speech of Fed Chair Powell in Jackson Hole symposium. Although Powell did not provide more details about the size and pace of policy easing, as this will…
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Gold regained traction and bounced on Friday, reversing so far around a half on Thursday’s 1.1% drop, which broke and closed below psychological $2500 level. Top of the former range at $2480 zone performed as solid support and contained…
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The dollar index ticks higher in early European trading on Thursday, from new lowest level since Dec 23, hit after release of FOMC July policy meeting. Minutes showed that the US policymakers remain on track for rate cut in September, as…
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