Windsor News & Research Blog - Forex & CFD Market Analysis

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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The Australian dollar rose in early Monday after hitting new multi-month low at 0.6662 last Friday. China is back to business after extended Lunar New Year holidays and slight optimism about coronavirus epidemic could be slowing, lifted…
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The Euro retested session low at 1.0948 after US jobs data before bouncing some 25 pips but remained in choppy mode and lacking near-term direction as markets are digesting the figures. US non-farm payrolls beat forecast (Jan 225K  vs…
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Strong four-day rally is taking a breather on Friday ahead of US jobs report, which is expected to provide fresh signal. The dollar remains well supported and strong labor data today would add to bullish bias for eventual break through…
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Bears are on hold above key Fibo support in European trading on Friday, as quiet and narrow range movement await release of US jobs report. Cable registered significant losses this week, pressured by rising dollar and uncertainty over…
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The Euro extends steep fall into fifth straight day and hits new lowest level since early Oct on Friday, on track for the biggest weekly fall since early November. Downbeat German industrial production data added to weak tone of the…
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The Australian dollar cracked 0.6700 support on Friday, in extension of pullback after recovery attempts stalled on Wednesday. Fresh pressure on Aussie comes from comments from Australia’s central bank’s governor Lowe, who pointed at…
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WTI oil price fell on Thursday and reversed a half of previous day’s gains, as sentiment soured after OPEC+ group failed to agree on increased production cut in emergency meeting, held today, adding to negative signal on larger than…
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The pair maintains firm bullish tone for the fourth straight day as dollar enjoys support from easing virus fears and China’s cut of tariffs on US imports. Strong rally from Monday so far advanced 1.2% and broke above Fibo barrier at…
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Cable returned to red and shifts near-term focus lower after directionless consolidative action in past two days (two daily candles with long shadows on both sides). Fresh weakness eyes Tuesday’s low (1.2941) and key support zone at…
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