Blackwell Global

Key Points: MACD divergence evident on daily timeframe. Price action trades within ascending channel. Upside pressure continues to build. The embattled dollar-yen has largely been under the grips of a...

Key Points: ECB due to meet to determine monetary policy. Inflation, growth, and unemployment remain anaemic. ECB may choose to delay decisive action until situation worsens. The Eurozone economy...

Key Points: Reaching probable point of inflection. Moving into final leg of a corrective ABC pattern. Stochastics are now overbought. Now that the RBA’s Cash Rate decision is out of the way, the...

Key Points:ABCD pattern nearing completion. Downside risks remain in place. Cable likely to reverse around 1.3468 The cable has been relatively buoyant over the past 24 hours as currency markets have...

Key Points: Testing upside constraint of the bearish channel. Heavily overbought stochastics. Important fundamentals due this week. Due to its strong technical signals and the impending bevy of...

Key Points: Declining channel forming. EMA bias remains bearish. Parabolic SAR reading signalling a reversal is likely. The Aussie Dollar closed the week much where it started despite a rather...

Key Points:US labour market figures likely to determine the near term trend. ECB to decide upon their minimum bid rate. EUR/USD outlook remains bearish but watch for volatility. The euro was under...

Key Points: Retreating from the upside constraint of the pennant structure. Testing a strong support around the 61.8% Fibonacci level. US fundamentals remain vital moving forward. After recently...

Key Points: Reaching the upside of a newly formed bullish channel. Challenging a strong zone of resistance. ABCD pattern could see medium term bullishness resume. Whilst medium-term forecasts for the...

Key Points: 4-Hour timeframe shows bullish flag. RSI Oscillator trending higher. 1.5046 near term upside point. The EUR/AUD pair has largely been bearish over the past few months as the currency pair...

Key Points: Structural unemployment remains pervasive. Manufacturing hiring continues to contract. Japanese retail spending and wage growth to remain stagnant. Japan’s unemployment rate has been...

Key Points: Moving to challenge bearish trend line. Descending triangle completing. Overbought stochastic readings. Currently, two strong surges fuelled by US fundamentals are testing just how high...

Key Points: Following a Schiff Pitchfork lower. EMA bias is bearish. Should decline as low as the 17.849 mark. Silver could be setting up for another near-term slip prior to resuming its long-term...

Key Points: USD/CAD rises within an ascending channel. HH point reached and corrective pullback likely. USD/CAD outlook remains bearish in short term. The Loonie has been one of those currencies that...

Key Points: EUR/USD damaged by hawkish Fed comments. Retreat towards 1.1042 likely in the coming week. Continued hawkish statements expected from Fed. The euro had a relatively torrid week as there...

Key Points:Bearish channel is now evident. Downside could be somewhat limited early in the week. EMA crossover should see losses continue moving forward. The Aussie dollar was somewhat neutral...