Windsor News & Research Blog - Forex & CFD Market Analysis

WTI oil edged lower in early Monday, following calmer tones regarding possible end of Israeli strikes on southern Gaza, which eased fears about supply disruptions from the Middle East. Fresh easing started to develop a reversal pattern…
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Cable ticked higher and hit new highest since Feb 2 in early Monday but was so far unable to sustain gains, keeping the price within congestion which extends into fourth straight day. A double Doji (Fri/Thu) signal indecision as daily…
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Recovery leg from 1.0723 double bottom (Feb 5/6) started to face increased headwinds on approach to daily Tenkan-sen (1.0810), with the base of thick daily cloud (spanned between 1.0828 and 1.0969) laying just above and adding pressure.…
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Canada's economy added a net of 37,300 jobs in January, surpassing expectations. This positive employment trend is likely to influence the Bank of Canada's (BoC) decisions regarding interest rates. The unemployment rate in Canada…
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USDJPY rallied on Thursday (up 0.80% until early hours of the US session) as BoJ kept dovish stance in rate talks which deflated yen, while dollar appreciated from growing signs that the Fed would slow the action towards rate cuts in 2024.…
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AUDUSD eased below 0.6500 mark (cracked Fibo 61.8% of 0.6270/0.6871 rally) on Thursday, deflated by softer than expected China inflation data. Fresh weakness emerged after recovery attempts from 0.6468 (new 2024 low, posted on Feb 5)…
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Bitcoin regained traction and climbed for the third consecutive day, with the price holding at the highest in nearly one month on Thursday. Break above a week-long consolidation range signals continuation of broader recovery leg from…
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China's inflation fell 0.8% in January from a year earlier, compared to 0.3% drop previous month and more than expected 0.5% decline. January’s figure showed that annualized consumer prices were in a steepest decline since 2009, while…
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Short-term action remains in a sideways mode after the metal’s price spiked to new record high ($2141) in early December, holding within $1973/$2088 range, but mainly above psychological $2000 level, which adds to positive bias. Gold is…
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WTI oil price extends recovery from new multi-week low ($71.40) into third consecutive day. Profit-taking after last week’s 8.1% drop was contained by 200WMA, lifted the price along with lower than expected increase in US crude…
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