Windsor News & Research Blog - Forex & CFD Market Analysis

Spot gold price dipped on Tuesday after steep, week-long rally hit new 7-year high but showed initial signs of stall on Monday’s daily candle with very long upper shadow, formed after strong upside rejection on approach to psychological…
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Recovery attempts from new 11-year low (0.6583) were so far mild, as today’s action is back to red on fading signals of renewed risk appetite. Fresh optimism on comments of possible vaccine for coronavirus and brief easing of US dollar…
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The pair extends weakness from double rejection at 112.22/18 into third day and retests Fibo support at 110.39 (23.6% of 104.44/112.40 ascend) which contained Monday’s fall. Dovish steer from Fed in rising expectations that the US…
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Cable accelerated higher in late Asian/early European trading on Tuesday as dollar softened on rising expectations that the Fed may cut interest rates this year to reduce negative impact from coronavirus epidemic on the economy. Fresh…
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The Euro remains firm and holding near recovery high at 1.0871 (Monday’s high) inflated by lowered concerns about coronavirus pandemic risk that revived demand for riskier assets. Monday’s repeated close above 10DMA was initial bullish…
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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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