Blackwell Global

Key Points: Reversal likely as the 100 day EMA is applying downward pressure. Stochastics trending towards overbought. Consolidation phase could end shortly The EUR looks poised to have another...

Key Points: USD/JPY Facing interest rate decision from the Fed and BOJ in the coming week. Possibility that the Federal Reserve could alter their current policy position. Watch for sharp volatility...

Key Points: EMA bias suggests downside risks are in place. Despite a recent tumble, the RSI remains neutral. FOMC is in focus. The Aussie Dollar had an interesting last week, having some strong...

Key Points: U.S. crude oil production and drilling activity increases. OPEC agreement on production caps starts to falter. The $50.00 handle likely to be the key battleground in the weeks ahead. This...

Key Points: Strong zone of resistance should encourage a reversal. Losses likely to be limited to the 113.00 handle. US employment data could prevent the forecasted decline from occurring. The dollar...

Key Points: Rising wedge has resolved earlier than expected. Ascending trend line should now be tested. Near-term recovery also likely prior to any further slips. A shock 8.21M build in US Crude Oil...

Key Points: Cable retreating towards a key support zone formed by the October low. RSI Oscillator close to oversold. Watch for a retracement back towards the long side in the coming week. The past...

Key Points: Long-term pennant should encourage a reversal. 61.8% Fibonacci level should hold strong. German data could put pressure on the pair ahead of the minimum bid rate. The EUR/GBP is in focus...

Key Points: Reaching a turning point in the Elliot wave. EMA bias remains highly bullish. Rate hike fears could hinder further gains. Sentiment should be returning to the gold markets this week as the...

Key Points: Cable likely to be impacted by NFP result. Market struggling for data points ahead of FOMC meeting. Watch for volatility around the US NFP and UK NIESR GDP results. The cable had a...

Key Points: The pair should now range after its massive slip last week. 100 day EMA currently capping downside risks. RBA Cash Rate announcement should be the news to watch. The AUD/USD had a rather...

Key Points: Oil prices should recover despite US inventories build. Ascending trend line should remain intact. EMA’s retain a bullish bias Oil is setting up for a technical reversal in the...

Key Points: Price action moving in a wave pattern. RSI Oscillator close to overbought levels. Watch for a breakdown towards the lower channel constrain in the coming days. The USD/CHF has had a fairly...

Key Points: Post-breakout rally running out of steam. ABC wave could be taking place. Technical bias remains bullish in the medium to long-term. Following its breakout from that falling wedge, the...

Key Points: Price action enters a support zone. RSI Oscillator strongly oversold. Short term retracement back towards 1.2346 likely in the coming session. The Cable has been on a roller coaster over...

Key Points: Federal Reserve has largely achieved their dual mandate. Inflationary pressures rising within U.S. domestic economy. March FOMC meeting likely to be a `live’ event. The past week has...