Windsor News & Research Blog - Forex & CFD Market Analysis

Cable surged through pivotal 1.30 barrier (Fibo 38.2% of 1.3209/1.2871), following mild negative reaction on resignation of Britain’s finance minister Javid amid reshuffle PM Johnson’s cabinet. Pound maintained positive tone from past…
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The Euro probed below important Fibo support at 1.0863 (76.4% of 1.0340/1.2555 ascend) following brief consolidation in early European trading on Thursday. Solid US data (jobless claims beat forecast and CPI figures signal slight…
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Cable regained traction and edged higher on Thursday, keeping near-term focus at the upside and averting risk of formation of shooting star reversal pattern on daily chart, after Wednesday’s action stalled on approach of key 1.30 barrier…
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The Euro is taking a breather above new low at 1.0865 (the lowest since early May 2017) and Fibo support at 1.0863 (76.4% of 1.0340/1.2555), following previous day’s 0.38% fall. Bears face headwinds from Fibo support and oversold daily…
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The pair pulls back from new three-week high (110.13) in early Thursday’s trading as increase of new coronavirus cases and deaths prompted investors into safe-haven assets. The action in Asia/early Europe holds firmly in red (down 0.32%)…
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Cable extended recovery on Tuesday, boosted by UK GDP data which showed no change in Britain’s economic growth despite expectations for slowdown. Improved sentiment kept pound at the front foot for the second day, with advance being…
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Spot gold edged lower in US trading on Tuesday, coming under fresh pressure as dip in new coronavirus cases improved sentiment and prompted investors into riskier assets. The yellow metal price remained resilient to dollar’s dip after Fed…
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The dollar pulls back from session high at 109.94 on Fed chief Powell’s remarks as fresh upside attempts stalled on approach to psychological 110 barrier which repeatedly capped attacks last week. Fed Chairman Powell in his testimony…
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Dip to one-week low (0.8431) after UK GDP beat was short-lived as pound reversed the largest part of post-data gains. Monday’s long bearish daily candle weighs on near-term action but rising daily momentum so far offsets negative impact.…
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The Australian dollar extends recovery from new multi-month low on Tuesday and cracked pivotal barriers at 0.6708/13 (converged falling 5/10DMA’s), driven by fresh risk appetite on signs of virus spreading slowdown. Daily RSI and momentum…
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