Windsor News & Research Blog - Forex & CFD Market Analysis

The Bank of England Monetary Policy Committee further reduced interest rates to 0.1% in unscheduled meeting today and also increased its QE program by 200 billion pounds to 645 billion pounds, in attempts to boost efforts in containing the…
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The pair surged through a cluster of daily MA’s (200/30/55/100) and probed above 110 level in Thursday’s 1.5% advance, as strong demand for dollar keeps near-term bulls firmly in play. Eventual close above 200DMA (108.24) which limited…
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The Euro bounced some hundred pips from new three-year low (1.0725) on Thursday, as bears take a breather following comments of ECB President Christine Lagarde, who expressed strong commitments with no limits in attempts to defend the…
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The Australian dollar fell to the lowest since Oct 2002 on Thursday after central bank of Australia cut interest rate to record low at 0.25%. The Aussie was down over 15% vs its US counterpart in less that two weeks, as corona…
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Cable is holding within narrow consolidation in early Thursday’s trading following previous day’s massive sell-off when pound lost nearly 4%. Key 1.15 support zone (lows hit after 2016 Brexit vote) was dented on Wednesday, but bears may…
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The Euro follows sterling and extended weakness through 1.09 round-figure support on Wednesday, to hit the lowest levels in nearly one month. Panic over possible global recession prompts traders into safe-haven dollar, keeping the single…
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Cable easily broke through very important 1.20 support zone despite my expectations to show at least some hesitation here. It seems that the situation is more serious than estimated and traders in panic flee from sterling, mainly into so…
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WTI oil collapsed below week-long range floor and hit new lowest since 2003 as markets continue panic selling on fears of global recession on corona virus pandemic that already slashed demand. Big oil producers entered price war and…
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Cable remains in steep downtrend that extends into seventh straight day and pressures critical 1.20 support zone (lows of 2016/19). Sentiment remains very negative, as traders remain out of riskier assets, with measures that governments…
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WTI oil price ranged between $28.69 and $30.58 levels but keeping negative tone on growing fears of devastating impact on global oil demand from corona virus outbreak that prompted the shutdown of vast areas in the global economy Adding to…
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