Windsor News & Research Blog - Forex & CFD Market Analysis

Fed today rolled out a broad $2.3 trillion package to help local governments and small and mid-size businesses in attempt to keep the economy intact during the coronavirus pandemic.
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Canada's labor data showed that the economy lost record one million jobs in March and unemployment jumped to 7.8% from 5.6% previous month as a result of the first wave of layoffs resulting from COVID 19 pandemic
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US jobless claims beat expectations and rose near record high, as previous week's result was upward revised to 6.8 million.
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The pair is moving within the narrow range for the second day, with action being capped by 100DMA (108.96) and falling thin daily cloud. Daily indicators are bearishly aligned (negative momentum is rising and stochastic heads south) that…
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The Euro edged higher after Wednesday’s fall as bullish momentum on daily chart exists and thin rising daily cloud attracts. Slight optimism in the market also helps but strong resistances that lay ahead and double recovery failure…
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Cable remains in green and probes again above 1.24 barrier in early Thursday’s trading, boosted by mild optimism in the market and mixed UK data which did not deteriorate in a grade that was expected. Fresh advance moved into the upper…
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US crude inventories rose by 15.2 million barrels in week to 3 Apr, in the biggest weekly crude stocks rise in the history. The news were not a big surprise to the markets, although consensus was much lower (9.2 mln bls) after previous…
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WTI oil price is moving within tight range on Wednesday but holding above important 10DMA support ($23.49) which contained Tuesday’s over $3 fall. The sentiment soured after OPEC+ delayed its meeting, originally scheduled for 6 Apr and oil…
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Shift in risk sentiment pushed the Australian dollar lower on Wednesday, but dips were so far limited and stay above rising 10DMA (0.6103), which underpins the action for the second day and marks solid support. Strong two-day rally from…
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GBPUSD Cable eased on Wednesday, dragged by weaker Euro and weakened sentiment on rising number of COVID 19 fatalities. Situation over PM Johnson, who spent the second night in the intensive care but being stable according to media…
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