Windsor News & Research Blog - Forex & CFD Market Analysis

Crude oil prices skyrocketed after President Trump spoke to Russian President Putin and Saudi Crowne Prince and said that they will cut oil production by about 10 million bpd.
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The Euro accelerated sharply lower and took out key support at 1.0891 (daily cloud base / Tenkan-sen / 50% retracement of 1.0635/1.1147), after shocking US jobless claims data further increased uncertainty and prompted traders from…
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The dollar index maintains firm tone and extends gains above 100 mark on Thursday. Shocking US data that showed initial jobless claims exploded to record 6.6 million in last week, heavily beating forecast for 3.5 million new claims and…
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US weekly jobless claims rose nearly a double from forecast of 3.5 million, reaching record high at 6.6 million, as coronavirus crisis hurts badly US labor sector.
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The Australian dollar regained traction on Thursday and ticked above 0.61 handle (session high at 0.6119) after two-day pullback from 0.6212 recovery peak stalled at initial Fibo support at 0.6046 (23.6% of 0.5509/0.6212 upleg). Positive…
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WTI oil price bounced after triple-attack at critical $20 support failed to break lower and extended gains above $22 on Thursday as the action is holding in green for the second day. Fresh optimism among traders comes from President…
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Cable remains congested for the fourth straight day, lacking direction signal, as the upside remains capped by thick weekly cloud, while strong bids at 1.2304 (broken Fibo 50% level) and 1.2256 (20DMA) keep the downside limited. Fresh…
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The Euro extends weakness from 1.1147 high into fourth straight day, focusing again key support at 1.0891 (daily cloud base / Tenkan-sen / 50% retracement of 1.0635/1.1147). Double downside rejection in past two days and failure to close…
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EIA report showed that US crude inventories jumped by 13.8 million barrels last week, in its biggest weekly build since the second week of February 2017.
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The cross extends weakness into seventh straight day and hits new three-week low just below 0.88 handle on Wednesday. Momentum indicator on daily chart broke into negative territory and supports further weakness as the single…
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