Windsor News & Research Blog - Forex & CFD Market Analysis

The pair accelerated  lower on Wednesday, as the greenback weakened across the board on signals of stronger than expected China’s economic growth, with Canada’s CPI in line with expectations (Mar 1.9% vs 1.9% f/c) while trade gap…
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The Aussie dollar maintains positive tone and holding near two-month high at 0.7205 at the beginning of US session on Wednesday. Stronger than expected data from China that showed faster than expected economic growth, boosted Australian…
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The Euro stands at the front foot in Europe and penetrates thick daily cloud, following repeated downside rejection at 1.1280 zone (just above 30SMA) in Asia and subsequent acceleration higher. Fresh upside attempts come after triple…
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Weaker than expected UK inflation data (Mar CPI 1.9% y/y vs 2.0% f/c) push sterling further down on Wednesday, as lower inflation reinforces idea that BoE is unlikely to increase interest rates in the near future. Extension of strong fall…
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Spot gold holds in red for the fourth straight day and accelerates lower in early US trading on Tuesday. Fresh weakness hit new 4 ½ month low, marking daily loss of 0.93% until now. Solid economic data from major economies and fresh…
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WTI oil price holds slight bid tone on Tuesday following double downside rejection ($63.02/11 on Fri/Mon) and Monday’s close above 10SMA ($63.45) which also formed Hammer candle, generating initial signal of stall of pullback from $64.77…
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The Turkish lira rose slightly on Tuesday, lifted by better than expected Turkish Industrial Production (Feb -5.1% vs -6.5% f/c and -7.4% prev). The USDTRY bulls may take a breather as overextended studies suggest adjustment (momentum…
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Cable remains under daily cloud top (currently at 1.3108) following mild reaction on UK jobs data. Unemployment remains unchanged in Feb (3.9%), employment in three months to Feb came slightly above expectations (179K vs 173K f/c) but…
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The Euro remains bid and probes again through daily cloud base (currently at 1.1308) following repeated failure to penetrate cloud in past two days, with action being capped by falling 55SMA. Rising bullish momentum supports the action but…
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The Aussie dollar fell 0.38% in Asian session on Tuesday, following release of minutes of RBA’s April meeting. Dovish tone from the central bank, which left the door open for rate cut if inflation remains low and slowdown in GDP offsets…
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