Blackwell Global

Key Points: The pair’s rally has hit a road block in the form of a historical resistance level. MACD divergence and crossover hinting a reversal is now likely. Retracements are likely to be...

Key Points: Technical forces could explain the pair’s defiance of last session’s bias. Bullish channel remains intact and ABC wave is now forming. Parabolic SAR signalling the recent...

Key Points: EMA activity is now highly bullish on shorter timeframe charts. Daily Parabolic SAR is signalling an uptrend could be shaping up. The recent rally seems to be maintaining momentum. The...

Key Points: NZD facing looming spectre of NFP result. Watch for an NZD depreciation late in the week. 0.7000 and 0.6962 key support zones likely to be in focus. The venerable Kiwi dollar has had a...

Key Points: Long-term Elliot wave remains in place. Leg four is still retracing but could be about to pick up the pace. The pair could end up at the 1.3664 mark or higher. The loonie’s long-term...

Key Points: US Non-Farm Payroll figures likely to be critical for the Cable. Cable largely appears to have discovered a bottom around the 1.2301 mark. Expect plenty of volatility in the week...

Key Points: The AUD had a strong week despite a general swing back to the USD. Technical bias could mean more upside potential moving forward. Fundamentals will likely be needed to push through the...

Key Points: Despite the EMA bias, the pair could be setting up for a sizable decline. Stochastics are heavily overbought. Channel structure remains in place. The CAD/CHF could be setting up for...

Key Points: Key 1200 support level has been broken. Technical bias remains firmly bearish moving ahead. The Fed and Trump should keep the metal depressed in the medium to long-term. Gold plunged...

Key Points: “C” Leg completes on 4-hr timeframe. RSI and Stochastic Oscillator reaches overbought territory. A breakdown below the channel is likely in the coming days. The EURJPY has been...

Key Points: A bearish channel should make itself felt this week. Stochastics could finally come back into play. Bollinger Bands suggest that an upside breakout is currently unlikely. The GBP/CHF could...

Key Points: Effective OPEC production cuts unlikely. Crude oil rebalancing still ongoing. Expect further jawboning from the cartel. Crude oil prices marched higher through most of last week as global...

Key Points: A victory for Le Pen is now a real possibility. The promise of a “Frexit” could end the EU and the EUR. French Presidential polling data could become the news to...

Key Points: Market awaits Japanese CPI figures. A lack of persistent inflation likely to continue for the pair. Expect further greenback appreciation in the coming days. The USD/JPY continued to rally...

Key Points: Euro likely to remain bearish in the week ahead. Watch for the US Markit Flash Manufacturing PMI. Selling pressure likely to remain in place whilst FOMC meeting looms. The euro continued...

Key Points: Talk of the December rate hike has be fuelling the metal’s plunge. Technical bias is somewhat unclear so fundamentals will be driving prices this week. Increased risk appetite could...