Windsor News & Research Blog - Forex & CFD Market Analysis

Cable extends recovery from 1.2540 double bottom (Apr 1 / 2 lows) and pressuring significant barrier at 1.2674 (daily cloud top / Fibo 38.2% of 1.2893/1.2539), as bulls regained traction after a false break below pivotal 200DMA support…
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The dollar index remains in red for the third straight day and extend pullback from new multi-week high (104.83). Fresh bears pressure pivotal supports at 103.84/80 (Fibo 38.2% of 102.26/104.83 / top of thick daily Ichimoku cloud), with…
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US private payrolls increased by 184,000 jobs in March, after expanding by 155,000 in February (upwardly revised from 140,000) and beat forecasts for 148,000 rise. Stronger than expected hiring in the private sector in March and upward…
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The Eurozone experienced an unexpected decline in inflation last month, adding weight to the case for the European Central Bank (ECB) to consider lowering borrowing costs from their current record highs. Bloc's consumer price growth…
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USDTRY remains at the back foot and pressuring the floor of near-term consolidation range at 31.800 zone. Signals of a deeper correction (last seen in August 2023) are developing on daily chart, as momentum indicator slid into negative…
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Gold edges lower from new record high ($2288) in early Wednesday, as bulls show signs of fatigue after advancing over 5% in a steep acceleration in past six days. Although the metal resumed the uptrend in early April, after an impressive…
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WTI oil price continues to trend higher and hit five-month high on Tuesday, probing above $85.00 barrier for the first time since late October. The last bull-leg extends into fourth consecutive day, underpinned by brightening demand…
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The Euro fell to new multi-week low early Tuesday, weighed by firm dollar and recent dovish comments from ECB policymakers, who see four rate cuts in 2024. Monday’s 0.4% drop and close below 1.0762 (Fibo 76.4% of 1.0695/1.0981 upleg),…
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Bitcoin edged lower on Monday but remains within the longer range which extends into seventh consecutive day. Near-term action remains sideways and looking for stronger direction signals, as daily studies are mixed (fading positive…
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Gold hit new record high ($2265) in early Monday’s trading, as markets reopened after Good Friday’s pause. The metal starts the month in firm bullish mode, after softer US inflation data boosted expectations for Fed’s first rate cut in…
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