Windsor News & Research Blog - Forex & CFD Market Analysis

The dollar fell to one-month low against the basket of major counterparts on Wednesday, as signs of progress in production of Covid-19 vaccine and rally in US equities, strongly boost risk sentiment. Bears broke through the last obstacle…
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The Euro cracked June high (1.1422) and hit new four-month high in early Wednesday’s trading. Hopes that EU leaders will agree on recovery plan in the summit (17/18 July) and SNB’s intervention this week, inflate the single currency.…
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WTI oil remains at the back foot on Tuesday and establishes below $40 level, as sentiment weakened on news of new restrictions in California due to increased number of infections. Rising concerns that this would have stronger…
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The cross extends strong rebound on Tuesday after Monday’s strong rally (the pair was up 1.03% and made the biggest one-day advance since 15 May) completed reversal pattern on daily chart. Sterling was additionally hurt by UK GDP data…
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Cable extends weakness on Tuesday following previous day’s strong fall (down 0.66% for the day) pressured by stronger dollar and UK GDP data miss (May 1.8% vs 5.5% f/c). Strong rebound of dollar on rising virus cases that prompted…
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The dollar remains in red on Monday and probes again through cracked 200WMA (96.30), pressuring supports at 96.18/16 (Fibo 76.4% of 95.68/97.78 / last Thursday’s low). Larger downtrend remains intact, with past three weeks action in red…
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The pair bounces above 107 on Monday after last week’s fall was strongly rejected at 106.63 on Friday and failed to close below cracked Fibo support at 106.87 (61.8% of 106.07/108.16). The action is supported by rising bullish momentum and…
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