Windsor News & Research Blog - Forex & CFD Market Analysis

USDJPY remains constructive and probing above 157 barrier (the upper borderline of triangular consolidation and Fibo 61.8% of 160.19/151.85 bear-leg), but ranges are narrowing ahead of key releases this week – US inflation report and Fed…
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Bitcoin was down 3% in early Tuesday’s sharp selloff which signals continuation of a bear-leg from 71929 (June 7 peak). Fresh bears emerged after a mild recovery was repeatedly capped by psychological 70K barrier, with drop marking so…
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Gold price edged lower in early trading on Tuesday, following Monday’s limited consolidation of nearly 4% drop on Friday. Near-term outlook remains bearishly aligned after a massive losses last Friday, sparked by strong US jobs data and…
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The dollar index extends strong rally on Monday, after advancing 0.8% on Friday and started the week with gap higher opening. Upbeat May NFP numbers on Friday added to hawkish stance and signal that the Fed may keep its higher for longer…
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The Euro opened with gap-lower on Monday and fell to one month low, in extension of Friday’s 0.8% fall (the biggest one-day loss since Apr 12). The single currency was deflated by much higher than expected US nonfarm payrolls, which…
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US nonfarm payrolls increased by 272K jobs in May, compared to downwardly revised April figure (165K from 175K) and spiked well above median forecast for 182K rise.   The Labor Department's closely watched report on Friday also showed…
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Gold price was sharply down during European trading on Friday, as news that China’s central bank paused gold purchases last month after buying the yellow metal for 18 straight months. The price pulled back from new three-week high…
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USDCHF stands at the back foot and hit new multi-week low early Friday, as markets await release of US jobs report for May. Recent bear-leg from 0.9158 (May 24 lower top) has found solid support at 0.8893/83 zone (200DMA / Fibo 38.2% of…
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The European Central Bank delivered today its first interest rate cut since 2019, pointing to progress in tits ongoing task to bring inflation to 2% target, although admitting that the fight was far from over. The ECB cut its deposit…
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Cable is consolidating under new multi-week high (1.2817), with near-term action underpinned by rising 10DMA (1.2758) and looking for fresh push higher and attack at 2024 high (1.2893). Daily moving averages in full bullish configuration…
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