Windsor News & Research Blog - Forex & CFD Market Analysis

The Aussie is holding near new marginally lower low (0.6583), posted after Monday’s gap-lower opening, hammered by increased risk aversion on fears after coronavirus spread outside China. Friday’s recovery attempt on strong downside…
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Cable started the week in red and erased the most of Friday’s recovery, pressured by strong risk aversion. The pair was down 0.4% in Asia / early Europe on Monday and slid below cracked 100DMA (1.2949), turning daily MA’s back to full…
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The Euro opened with gap-lower at the beginning of the week and dipped to session low at 1.0805 that partially offset reversal signals from last Friday’s massive bullish candle (the pair was up 0.6% for the day). Better than expected…
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The pair pulled back from new multi-month high at 112.22 after bulls faced strong headwinds on approach to strong barriers at 112.40/41 (24 Apr 2019 high / 50% retracement of 125.84/98.99 fall). The 70-pips pullback was so far rejected at…
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Spot gold posted new seven-year high on Friday, in extension of strong six-day advance from $1561 higher base. Persisting fears about coronavirus spreading beyond China and negative impact on global economy, maintain strong safe-haven…
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British pound followed Euro and bounced above 1.29 level after four-day fall was rejected at 1.2849 (nearly three-month low) on Thursday. Upbeat UK PMI data (Jan Manufacturing 51.9 vs 49.7 f/c / Jan Composite 53.3 vs 52.8 f/c) inflated…
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The Aussie fell further on Friday, weighed down by persisting virus concerns and probed below 0.66 handle to hit new low at 0.6585 (the lowest since Mar 2009). The pair is on track for strong bearish weekly close that adds to negative…
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The Euro jumped above 1.08 handle on Friday, boosted by upbeat German Manufacturing PMI data (Feb 47.8 vs 44.8 f/c and 45.3 in Jan). Fresh advance revives hopes of recovery, which faded after Thursday’s upside rejection and daily close…
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The pair surged to new ten-month high at 112.22 on Thursday, in extension of previous day’s 1.36% rally. Strong bullish acceleration in past two days was sparked by fading fears about coronavirus epidemic as well as rising dollar,…
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Spot gold extends steep ascend on Thursday, inflated by strong safe-haven demand on fears of coronavirus spread outside China, despite signs of strong drop in the number of new cases and PBOC’s cut of benchmark lending rate, in attempts to…
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