Blackwell Global

Key Points: Crude Oil Breaches 200-Bar MA. Downside risks dominate. Bearish MA crossover. Crude Oil has had a relatively rough week as prices have continued to decline steadily towards the $40.00...

Key Points: Bank of England likely to cut between 25bps. Shock to consumer confidence evident. Corrective structure calling for rally but watch for fundamentals. Last week was positive for the cable...

Key Points: Cash rate expected to be cut to 1.50% Strong resistance around the 0.7640 mark. Parabolic SAR remains bearish. The Aussie dollar had a rather volatile week, especially during Wednesdays...

Key Points: Bearish bat pattern completed. RSI Oscillator nears overbought levels. Expect a challenge of the key $20.00 handle. The precious metals markets have benefitted strongly over the past few...

Key Points: Strong zone of support around the 1.3103 mark. Bullish daily EMA activity. Parabolic SAR readings remain highly bullish. After only so recently breaking free of its ascending triangle...

Key Points: Price action reaches lower range constraint. Stochastics exit oversold territory. EUR/GBP likely to retrace to top of current range. The Euro-Pound pair has been relatively range bound...

Key Points: Rising Wedge pattern is forming. Current support looks likely to hold firm. Strong EMA evidence for continued bullishness. Following a sizable stumble in the wake of the FOMC meeting and...

Key Points: Strongly bearish EMA activity. Bearish channel still in place Long-term low could be challenged. The euro continues to be in decline this week but now faces a robust zone of support which...

Key Points: Crude oil breaches May low. Choppy inventory figures contribute to selling. Medium outlook remains bearish. Crude oil retreated for the third straight day as the commodity remains beset by...

Key Points: Descending triangle pattern is nearing completion. Strong EMA evidence for a breakout to the downside. FOMC meeting is worth keeping in mind this week. Silver has been enjoying a stint of...

Key Points: Ongoing debate over Japanese “Helicopter” Money. Downside risks continue to dominate. Japanese CPI and US FOMC Decisions likely to be the risk events. The venerable dollar-yen...

Key Points: Kiwi dollar is likely entering a ranging phase. August rate cut has largely been priced in. FOMC Meeting could see increased volatility this week. The kiwi dollar was in steep decline last...

Key Points: 2-bar reversal pattern evident on daily time frame. Gold likely to remain bullish in coming week. Physical demand remains buoyant in Q1, 2016. The past few weeks have been relatively...

Key Points: Long-term bearish channel still in place. Recent bullish sentiment already beginning to evaporate. Retracement to the 38.2% Fibonacci level looking likely. Much to the relief of the Bank...

Key Points: Crude Oil inventories decline but Gasoline glut evident. Gasoline inventory space under pressure forcing some Diesel supplies afloat. WTI outlook remains bearish in the medium term. The...

Key Points: Reversal likely at the strong zone of resistance around the 1.3129 level. Triangle or Rising Wedge pattern could cap upside potential going forward. May low could be challenged again in...