Windsor News & Research Blog - Forex & CFD Market Analysis

Activity in US manufacturing sector contracted in March as the figure fell below 50 threshold and previous month's 50.1, but showed much better results (March 49.1) then expected (forecast 45.0).
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The dollar index starts Q2 trading in firm tone, up 0.79% since Asian opening and boosted by rising demand for safe-haven dollar. Rising fears of the magnitude of negative impact of coronavirus crisis on global economic growth, keep…
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Employment in US private sector fell by 27K in March, well below forecasted 150K decrease. ADP says that March report utilized data through 12 March and report does not reflect full impact of coronavirus crisis on labor sector. ADP jobs…
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The pair broke important Fibo barrier at 6.6392 (Fibo 76.4% of 7.1074/5.1323 descend) on Wednesday and rose to the highest level since early Sep 2018. Turkish lira continues to weaken during coronavirus crisis but losses are far lower from…
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The pair is holding in directionless mode but below broken pivotal Fibo support at 107.69 (38.2% of 101.18/111.71 upleg, reinforced by 20DMA) following eventual close below here that generated bearish signal. Tuesday’s strong upside…
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WTI oil price remains under pressure and retests $20 support after Tuesday’s recovery attempts stalled, capped by falling 5DMA, keeping the upside limited, as expected. Oil prices registered the biggest quarterly and monthly fall in the…
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The Australian dollar dips in early European trading, pressured by fresh risk aversion. Triple failure to break falling 20DMA (currently at 0.6152) weighs and threatens recovery stall, however, fresh bears need more negative signals to…
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Cable extended lower in early European trading on Wednesday but remains within the range of past two days which left two Doji candles, signaling indecision. Weekly cloud continues to cap near-term action, but bears struggle to regain…
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The Euro remains in red and penetrated daily cloud again on Wednesday, after previous day’s action showed strong downside rejection and close above cloud top (also close above initial Fibo 23.6% of 1.0635/1.1147 support) of, leaving…
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WTI OIL WTI future contract is consolidating above cracked $20 level after hitting new 18-year low on Monday. Larger bears are pausing ahead of strong psychological support with limited recovery being so far capped by falling 5DMA…
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