Windsor News & Research Blog - Forex & CFD Market Analysis

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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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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