Windsor News & Research Blog - Forex & CFD Market Analysis

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…
Read More...

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…
Read More...

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.
Read More...

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…
Read More...

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).
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...