Blackwell Global

Key Points: Price action trading sideways within a consolidative pattern. RSI Oscillator trending lower. Watch for a break down in the days ahead. The past few days has seen the AUD/USD continue to...

Key Points: USD/JPY flirting with a 1.10 handle breakdown. Net positioning towards shorts. Watch for a breakdown in the coming days. The past week has been highly negative for the USD/JPY as s...

Key Points: The AUD could go either way this week depending on the fundamentals. EMA bias remains bullish which could see a near-term recovery. However, MACD crossover is hinting at further downside...

Key Points: Mean reversion likely to occur for the cable. RSI Oscillator nearing overbought levels. Watch for a retracement in the days ahead. The UK managed to surprise everyone overnight as the...

Key Points: Double bottom structure seems to be forming. Ascending trend line should now come into play. US Inventories build has likely delayed the rally. Oil prices look to have finally found a...

Key Points: ABC wave could spell near-term losses and medium-term gains for the pair. The long-term trend line should see the EUR/GBP back at 0.8879. Brexit negotiations will play a key role in the...

Key Points: Long-term trend line capping upsides. Divergence becoming apparent. Currently in overbought territory. Despite a rather spectacular recovery last week, the Aussie Dollar could be on the...

Key Points: U.K. consumer price index exceeds forecasts and rises to 2.3% y/y. Economists are predicting a 3.0% y/y gain in inflation in near term. Bank of England may act to raise rates during their...

Key Points: Dollar bulls largely disappointed by FOMC meeting. RSI Oscillator still has room to move on the downside. Continued depreciation likely but watch for a Dollar rebound in the near term. The...

Key Points: Downtrend seems to have halted for now. Ranging phase now likely. RBNZ in focus in the week ahead. The Kiwi Dollar finally began to stage a bit of a comeback last week which now begs the...

Key Points: ECB Nowotny suggests rate hikes on the way for the Eurozone. Central Bank may increase deposit rates but leave prime unchanged. QE program likely to continue regardless of policy...

Key Points: A reversal is expected in the near-term. Ascending trend line is now coming into play. The pair has become highly oversold. The swissie’s severe losses could be about to be put on...

Key Points: Price action trading within a descending wedge. RSI Oscillator close to overbought levels. Watch for a breakdown towards the bottom of the wedge in the coming days. The last few weeks have...

Key Points: Despite gains, silver hasn’t shaken its technical bias. 100 day EMA remains bearish. Stronger hawkish tone from Yellen could help to encourage a downtrend. Silver risks losing its...

Key Points: Markets strongly pricing in the risk of a rate hike from the Fed. Dollar bulls may be disappointed as Fed likely to be cautious on forward guidance. Watch for sharp volatility during the...

Key Points: Near-term downsides are looking likely. Long-term head and shoulders could be shaping up. Keep an eye on the FOMC meeting. Despite a slowing rate of decline, gold could have further...