Windsor News & Research Blog - Forex & CFD Market Analysis

The Euro is holding within narrow consolidation just above 29 Jan multi-month low at 1.0992, which was retested on Wednesday’s strong fall. Bears are taking a breather above key supports (1.0981/92) with larger picture being negative and…
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The Australian dollar edged lower in early European trading on Thursday after upside attempts stalled Fibo barrier at 0.6762 (23.6% of 0.7032/0.6678) in delayed reaction on negative data. Australian retail sales fell by 0.5% in Dec vs…
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The greenback surged to new two-month high against the basket of major currencies on Wednesday, driven by fresh risk appetite on talks about possible cure for coronavirus and upbeat US private sector jobs data  (ADP Jan 291K vs 156K f/c and…
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The Australian dollar advances further on Wednesday, boosted by fresh risk appetite in the market after news about cure for coronavirus circulated  and extends recovery into third straight day. Fresh bullish extension broke above initial…
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The pair extends recovery after previous day’s advance of 0.8% marked the biggest one-day rally since August. The dollar rose on fresh optimism about treating coronavirus on reports that Chinese University found a drug treat people…
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Cable remains bid and extends recovery on Wednesday after bears were strongly rejected on Tuesday and daily action ended in hammer candle, generating initial reversal signal. Upbeat UK Services and Composite PMI data for January…
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The Euro maintains negative tone on Wednesday and looks for retest of key Fibo support at 1.1031 (61.8% of 1.0992/1.1095 upleg) where bears repeatedly stalled in past two days. Little positive impact was seen from better than expected…
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The Euro remains in red on Tuesday and probes again through cracked supports at 1.1056/50 (Fibo 38.2% / daily Tenkan-sen) after bears dipped to 1.1034 on Monday but subsequent bounce resulted in bearish daily candle with long tail.…
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Cable extends weakness on Tuesday, following 1.38% fall on Monday (the biggest one-day fall since 17 Dec) as initial enthusiasm about officially leaving the EU faded and renewed fears about hard Brexit that sparked strong sell-off. Fresh…
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The dollar regained traction and advanced strongly against the basket of major currencies on Monday, to fully retrace last Friday’s 0.52% fall (the biggest one-day fall in nearly six weeks). Friday’s drop has ran out of steam on…
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