Windsor News & Research Blog - Forex & CFD Market Analysis

The dollar index is struggling to extend recovery from last week’s 1.7% drop, with the action being repeatedly capped by broken Fibo support at 102.19 (61.8% of 99.20/107.03) which reverted to solid resistance. Dollar’s sentiment…
Read More...

EURUSD found a footstep and firmed on Monday after 0.9% drop last Friday, following a double failure at psychological 1.10 barrier. However, recovery is unlikely to extend much as near-term action is weighed by much weaker than expected…
Read More...

Early Monday’s action is holding within a narrow consolidation following Friday’s 0.6% pullback which left a double-top (1.2793/90). Cable remains constructive above daily Tenkan-sen (1.2647) but needs to clearly break above cracked Fibo…
Read More...

Bears slowed on Friday and the price action is consolidating above new multi-month low (140.95) but keeping firm bearish stance, as the pair is on track for the fifth consecutive weekly loss. Thursday’s close below pivotal support at…
Read More...

The downturn in Eurozone’s business activity was broad-based, with both Germany and France experiencing a deterioration in activity across services and manufacturing sectors. Official data from the last quarter showed that the euro zone…
Read More...

AUDUSD keeps firm bullish tone for the third consecutive, with better than expected China retail sales and industrial production data adding to positive near-term outlook, established after dovish Fed on Wednesday. The pair is trading…
Read More...

China's new home prices declined for the fifth consecutive month in November. Property investment also saw a significant drop of 9.4% in the January-November period, reflecting negative home buyer sentiment and challenges faced by indebted…
Read More...

GBPUSD kept positive tone in early Thursday, after being boosted by weaker dollar on dovish Fed on Wednesday and accelerated higher on more hawkish than expected Bank of England. Fresh strength emerged from 1.2500 zone where recent…
Read More...

The Bank of England’s Monetary Policy Committee voted 6-3 to maintain interest rates at 5.25%, which is a 15-year high. This decision was in line with expectations. The BoE emphasized that borrowing costs need to remain high for an…
Read More...

Gold extended recovery on Thursday, following 2.4% rally on Wednesday (the biggest one-day gains since Oct 13), sparked by dovish Fed. Strong bounce is forming reversal pattern on daily chart and generates initial signal of an end of…
Read More...