Blackwell Global

Key Points: Cable rallies on stronger UK CPI data. Watch for the impending UK Core Retail Sales figures. Cable gains likely to be limited. The cable managed to surprise markets overnight with an...

Key Points: Potential ABC wave could see another surge lower in the coming days. The pair should now retrace for the B leg in the near-term. Could reach as low as the 1.30 handle. As the Loonie...

Key Points: Pennant exerting downward pressure on the pair. Stochastics in overbought territory. ADX no longer signalling a strong uptrend. If you are looking for something a little bit different to...

Key Points:Yellen suggests that the Fed may let the economy run “hot”. Rate hike path remains uncertain in face of conflicting rhetoric. Inflationary pressures building within the US...

Key Points: Corrective pattern evident on hourly timeframe. Long term bearish trend likely to dominate. Expect to see further declines in coming session. The exotic NZD/CAD has seen plenty of...

Key Points: Elliott wave in full swing. 100 day EMA remains highly bullish. Parity is on the cards but the 0.95 handle could prove troublesome. Courtesy of HSBC, speculation is now circulating whether...

Key Points: Long-term wedge and trend line remain in place. Recent tumble appears to have slowed. RSI and Stochastics are currently in oversold territory. The cable could be taking a breather from its...

Key Points: Euro dollar declines sharply to challenge 1.10 handle. Bears firmly in control as FOMC minutes point to increased rate hike chances. December rate hike chances have increased to 66.7% for...

Key Points:Price action flirting with 104.15 resistance level. RSI remains neutral on 4-hour timeframe. Further upside challenges likely in the coming days. The USDJPY has been rampantly bullish over...

Key Points: Ranging phase is becoming likely for oil prices moving forward. OPEC deals can keep prices buoyant but the $50 handle remains an important impasse. US Shale and Iran remain stumbling...

Key Points: Mixed technical readings present. Ranging phase likely this week. Little in the way of NZ news this week. The kiwi dollar encountered significant losses last week, the vast majority of...

Key Points: Flash crash sends Cable Reeling to 1.1991 low. Further bearishness likely in the week ahead. Watch for any further Brexit announcements or discussion. The Cable had a tumultuous time last...

Key Points: Approaching a robust zone of resistance. Stochastics are highly overbought. 100 day EMA remains in decline. For those following the exotic markets out there, the CAD/JPY could be worth...

Key Points: Loonie continues to follow the wedge pattern higher. Reversal should occur around the 38.2% Fibonacci level. Could move as low as the 1.30 handle. Despite what has proven to be a bumpy...

Key Points: AUD/JPY reaches reversal zone. RSI Oscillator flirts with over-bought levels. Monitor the pair for a corrective pullback. There have been some interesting moves in the AUD/JPY over the...

Key Points: Long-term wedge remains in place. Current resistance coincides with daily R2 and 61.8% Fibonacci level. Stochastics verging on overbought. The recent upward pressure being felt by the...