Windsor News & Research Blog - Forex & CFD Market Analysis

EURUSD remains steady and holding near 3 ½ month high on Tuesday, with little impact from weaker than expected EU economic data. Bulls continue to pressure cracked Fibo resistance at 1.0559 (61.8% of 1.1275/1.0448, which proved to be…
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Gold price is establishing above broken psychological $2000 barrier on Monday and hit the highest in over six months. Fresh probe above $2000 and break above former top of Oct 27 ($2009) contribute to bullish near-term outlook. Close…
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The dollar index keeps bearish stance at the beginning of the week and cracks the upper boundary of pivotal 103.11/102.84 support zone (50% retracement of 99.20/107.03 rally / Nov 21 three-month low / weekly cloud base). Last Friday’s…
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The dollar index is holding in prolonged sideways mode and ranging between 200DMA (103.39) and 100DMA (104.02) in a holiday-thinned markets. The bear-leg from a double top at 106.98/107.03) is taking a breather after 1.9% drop previous…
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USDJPY is holding within a narrow consolidation for the second consecutive, with quiet mode seen as a result of lower volumes on closure of US markets for Thanksgiving Day holiday. Recent recovery from 147.15 (Nov 21 low of correction…
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Germany's economy contracted slightly in the third quarter, confirming an initial estimate of a 0.1% shrinkage. This signals a continuation of weak economic performance in the second half of the year following a challenging first six…
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Turkey's central bank surprised the markets by raising its policy rate by a larger-than-expected 500 basis points to 40%, bringing the total hike since June to 3150 basis points. Analysts had anticipated a 250 basis points increase. The…
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Bulls regained control on Thursday after better than expected UK PMI data (services and composite rose above 50 threshold which divides contraction from growth and manufacturing sector performed better than expected) brightened the outlook…
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Gold remains constructive and holding near $2000 barrier on Thursday after Tue/Wed double failure to register daily close above this level. Increased headwinds in this zone were anticipated, but shallow dips point to strong bids and keep…
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EURUSD regained traction early Thursday and reduced downside risk, as two-day pullback was strongly rejected on Wednesday. Technical studies are mixed on daily chart as bullish momentum is fading while moving averages remain in bullish…
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