Windsor News & Research Blog - Forex & CFD Market Analysis

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

WTI oil price was sharply down on Wednesday (4.1% until early US session), deflated by the news that OPEC+ group delayed their meeting scheduled for Nov 26 to Nov 30. The cartel is widely expected to extend its supply cut into next year,…
Read More...

AUDUSD is holding within a near-term sideways mode after larger rally stalled at strong resistance zone at 0.6582/87 (50% of 0.6894/0.6270 / 200DMA) but subsequent weakness was short-lived as Aussie dollar received fresh support from…
Read More...