Blackwell Global

Key Points: Falling wedge should encourage a reversal in the near term. Stochastics are presently heavily oversold. Downside breakout is looking unlikely, as is a subsequent upside breakout. For those...

Key Points: Price action reaches critical point. Medium term bearish trend likely to predominate. Expect a period of moderation and then further declines. The euro continued its sharp decline last...

Key Points: Economic outlook becoming more positive for the US in 2017. Rate hikes likely to moderate a bullish US equities market. US stocks likely to benefit from article 50 triggering. After what...

Key Points: Aussie dollar under assault as capital swings sharply towards the USD. RSI and Stochastic Oscillators enter oversold territory. A period of moderation or retracement likely. The Australian...

Key Points: Reversal is already underway and ABC pattern could see a solid rally. Stochastics in oversold territory which will generate some buying pressure. Fundamentals aligning with technical...

Key Points: RSI divergence evident on hourly timeframe. Price action challenging lower supporting constraint. Expect a breakdown in the coming days. The euro-yen has been one of the recent net...

Key Points: FOMC likely to hike rates by 25bps. A lack of forward guidance from Yellen could send the USD reeling. FFR rate hike 100% priced in. Global currency markets are facing a key risk event...

Key Points: The pair is at a crucial point of inflection. Technical bias is intimating that support should hold firm. FFR hike could provide the spark to kick start the reversal. It’s make or...

Key Points: Markets are pricing in a high probability of a hike to the FFR. euro Dollar to remain under a bearish cloud. Watch for volatility around the FOMC decision. The euro was initially buoyant...

Key Points: FFR decision is largely priced in. Technical bias remains bullish. A strong GDP result likely key to a strong rally. The kiwi dollar managed to move modestly higher, despite the presence...

Key Points: Falling wedge remains unbroken. Stochastics hinting at a reversal. Three drive could see a strong uptick in buying pressure. The AUD/NZD could be setting up for another push higher now...

Key Points: ECB extends QE program and lowers buying requirements. RSI and Stochastic Oscillators enter oversold status. Expect a euro dollar retracement in the coming days. The euro dollar took a...

Key Points: Further upsides look likely from a technical perspective. Upsides largely contingent on a near-term breakout. Upside constraint of channel could be tested in the medium-term. Silver could...

Key Points: Leg four of the Elliot wave has reached a near-term hurdle. MACD and Parabolic SAR readings should see this obstacle overcome. Keep an eye on the Canadian economic news to avoid any...

Key Points: Australia posts negative GDP result of -0.5% q/q. Interest Rates likely to decline 50bps to 1.00% in 2017. Watch for AUDUSD depreciation below the 70 cent handle in the medium-long...

Key Points: The Italian referendum’s fallout seems to have passed. MACD bias is shifting to bullish. Fundamentals likely to be key in pushing the pair above the 1.08 handle. Now that some of the...