Windsor News & Research Blog - Forex & CFD Market Analysis

Recovery leg from $1984 (9-week low of Feb 14) extends into third straight day after short-lived probe below psychological $2000 level was contained by 100DMA and Morning Doji Star reversal pattern formed on daily chart. Although the…
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The Euro narrowed range in holiday-thinned Monday trading, as bounce from last Wednesday’s 13-week low (1.0695) started to lose traction after being repeatedly capped by 100DMA (1.0790). Formation of bear-trap below Fibo 61.8% support on…
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The dollar index edged higher in early Monday after last week’s pullback from three-month high (104.85) was repeatedly rejected just above 100DMA (103.96), generating initial signal that correction might be over. The dollar continues to…
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US retail sales fell by 0.8% in January compared to downwardly revised December’s rise from 0.6% to 0.4% and dipped well below forecast for 0.2% decline. Core retail sales, which exclude automobiles, gasoline, building materials and food…
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Bitcoin extends steep ascend, benefiting from strong inflows to new US listed ETF, with over one trillion investment in bitcoin registered on Wednesday. The price hit the highest in over two years in early Thursday’s trading, after 4.3%…
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USDJPY extends pullback from the three-month high (150.88) into second straight day, as traders booked profits after Tuesday’s rally of nearly 1%. Overbought daily studies contributed to fresh selling, which is expected to push the price…
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Great Britain’s gross domestic product contracted more than expected by 0.3% in the fourth quarter compared to 0.1% contraction during July-September period and consensus for 0.1% drop. The fourth quarter fall in GDP was the biggest…
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WTI oil extends advance into eighth consecutive day and hit the highest in over two weeks on Wednesday, after OPEC’s forecasts for a robust demand and decline in US fuel stocks added to growing concerns, driven by geopolitical factors.…
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Cable extends weakness into second straight day, initially deflated by stronger dollar on unexpectedly hot US inflation on Tuesday, while today’s softer than expected UK CPI data raised bets for BoE rate cut by June and added pressure on…
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British inflation unexpectedly remained unchanged at 4.0% in January, contrary to expectations of a 4.1% increase. This stability offers relief for the Bank of England and Prime Minister Rishi Sunak, particularly in the lead-up to an…
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