Windsor News & Research Blog - Forex & CFD Market Analysis

EURGBP rose in early Thursday’s trading, adding to initial signal of formation of reversal pattern on daily chart, after Wednesday’s action ended in long-legged Doji candle, signaling indecision. Oversold studies contributed to fresh…
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WTI oil remains at the front foot and trading near one-month high, posted on Wednesday, after release of crude inventories report. Much stronger than expected drop in US crude stocks, mainly caused by bad weather, added to existing…
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The Bank of Canada decided to keep its key overnight rate at 5%, in line with expectations, holding rates steady for four consecutive policy meetings following the last hike in July. The focus of the governing council's discussion is…
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The Euro jumped to one-week high against dollar, advancing 0.75% by early US trading on Wednesday, driven by renewed risk appetite. Fresh bulls emerged after top of rising daily cloud and 200DMA (1.0851/43) contained dips for the fourth…
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Eurozone services PMI fell to a three-month low of 48.4 in January from December's 48.8, dipping well below forecasts for an uptick to 49.0. Manufacturing PMI bounced to 46.6 this month from 44.4 in December, well above 44.8 consensus.…
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Bitcoin bounced from new multi-week low (38501) early Wednesday, after the acceleration lower in past two days was contained by rising 100DMA. Partial profit-taking lifted the price, but near-term risk remains shifted to the downside,…
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Cable bounced above 1.2700 mark on Wednesday morning, keeping bullish bias after Tuesday’s close in red and indecision signal from strong rejection on both sides. Fresh strength cracks again pivotal barriers at 1.2710/20 (converged…
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USDJPY fell on Tuesday after BoJ kept ultra-low rates unchanged, as yen strengthened on growing hopes that the central bank will start tightening policy soon. Fresh dip comes after a triple daily Doji candle, which signaled strong…
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The Bank of Japan decided to keep its ultra-easy monetary policy unchanged at the end of its two-day policy meeting. This includes maintaining a short-term rate target of -0.1% and a 10-year bond yield target around 0%. The central bank has…
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Cable keeps firm tone for the fourth straight day and rises to one-week high on Monday, moving into the upper part of a multi-week range. Despite holding in prolonged sideways mode, cable’s near-term picture remains bullishly aligned as…
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