Windsor News & Research Blog - Forex & CFD Market Analysis

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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The Euro is consolidating above new 17-week low (1.0905) on Tuesday, following steep and uninterrupted fall in past six days. Bears eye key supports at 1.0878/63 (1 Oct low / Fibo 76.4% of 1.0340/1.2555 ascend) after the last obstacle…
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Cable is holding within tight range in early Tuesday’s trading after recovery attempt on Monday lost traction and awaiting UK data for fresh signals. Rising 100DMA (1.2893) continues to hold, but upside was so far limited by broken Fibo…
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WTI oil price extends weakness on Monday and is on track to fully retrace mild $49.41/$52.28 correction, which was capped by falling 10DMA. The sentiment remains weak on reduced demand from China, due to coronavirus outbreak and worries…
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The pair regained traction on Monday and edged higher after dips were repeatedly contained by 20DMA (109.53). Friday’s action closed in red but downside attempts were strongly rejected, leaving long-tailed daily candle and suggesting…
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Cable bounces from new lowest level since 27 Nov (1.2871) in early European trading after rising 100DMA (1.2888) contained Friday’s fall and today’s brief probe below was short-lived. Outlook remains negative as strong dollar and…
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