Windsor News & Research Blog - Forex & CFD Market Analysis

Bounce from Dec 7 low at $68.79 (the lowest since late June) seems to be running out of steam as recovery faces strong headwinds from initial Fibo resistance at $71.33 (23.6% of $79.57/$68.89) and unable to register clear break higher for…
Read More...

AUDUSD eases further on Monday and breaks below 200DMA which marks approximately the mid-point of 0.6525/0.6620 congestion, in which the pair is holding for the fifth straight day. Near-term action lacks clear direction signal while…
Read More...

Bounce from last Thursday’s multi-month low and a bear-trap, extends into second consecutive day and accelerates on Monday. The dollar benefited from stronger than expected US jobs data in November, which shifted the view about rate cuts…
Read More...

Gold remains in red for the second consecutive day and fell below $2000 early Monday, pressured by firmer dollar on solid US labor data. Friday’s 1.2% drop generated fresh bearish signal on close below $2015 pivot (Fibo 38.2% of…
Read More...

The dollar index remains constructive at the start of the week, following Friday’s jump on robust US November labor data. The greenback benefited from higher than expected US NFP and unemployment below consensus in November, which…
Read More...

US job growth is anticipated to have picked up in November, particularly with the return of thousands of automobile workers and actors after strikes, however, the underlying trend suggests a cooling labor market. The upcoming employment…
Read More...

EURCHF hit new multi-year low on Thursday, in extension of steep fall from a double-top at 0.9680 zone (tops of Nov 14/21). The pair was deflated by growing expectations for more aggressive rate cuts by the ECB next year, while the Swiss…
Read More...

China's exports grew by 0.5% from a year earlier in November, expanding for the first time in six months, suggesting that Chinese factories are attracting buyers through discount pricing to overcome a prolonged slump in demand. Imports,…
Read More...

USDJPY accelerated lower (down 1.4% in Asian/early European session) on Thursday, driven by growing market expectations that the Bank of Japan will soon start exiting its long lasting ultra-low monetary policy, which strongly boosts demand…
Read More...

The Bank of Canada decided to keep its key overnight rate at 5%. This follows two rate hikes in June and July, bringing it to a 22-year high. The rates have been on hold in the three policy-setting meetings since then. Despite…
Read More...