Windsor News & Research Blog - Forex & CFD Market Analysis

Cable bounced after attempts to extend pullback from 1.2813 peak faced strong headwinds at 1.2450 zone (rising 20DMA / 50% retracement of 1.2074/1.2813 upleg), reinforced by nearby top of daily cloud (1.2430). Fall in equity…
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WTI oil fell around 4.5% in Asia on Monday and hit two-week low in extension of pullback after bulls stalled at $40 resistance. Fresh record number of  cases of coronavirus in China and the US raised concerns about global demand recovery…
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Cable regains traction on Friday and recovers after strong fall on Thursday and today’s extension that was contained just above strong supports provided by 100DMA and Fibo 38.2% of 1.2074/1.2813 (1.2537/30). Fresh risk mode that lifts US…
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The cross holds firmly in red for the fourth day and is down 2.8% from Monday’s opening until now and is on track for the biggest weekly fall since last week of February. Fresh exodus into safe havens was boosted by Fed’s outlook which…
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WTI oil stands at the back foot on Thursday and is trading around $2.5 lower in early US session compared to opening levels. Fresh weakness threatens to break below three-day congestion under psychological $40 barrier, after initial attack…
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GBPUSD Cable eases from new three-month high (1.2819 on Thursday on softened risk mode after Fed signaled bleak outlook for the US economy in post-pandemic recovery. Double Doji on Tuesday and Wednesday with the latter having long upper…
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Spot gold eased from $1740 high (posted after three-day 3.2% pre-Fed rally) in early Thursday, as traders booked profits. The yellow metal accelerated higher after Fed presented its economic projections which point to long post-pandemic…
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