Blackwell Global

Key Points: US labor market weakens despite strong job figures in June. Income tax receipts contract over past year. Disinflation risks dominate. Despite a range of rate hike rhetoric from the Federal...

Key Points: Highly bearish trend line. EMA activity remains bearish. Dynamic support could be broken. Gold spent last week in decline as the appointment of a new UK Prime Minister helped to stabilise...

Key Points: Increasing stimulus rhetoric. Downside risks dominate. USD/JPY outlook remains bearish. The USD/JPY had a strong week as the pair continued to bounce from the key 100.00 handle with the...

Key Points: Highly bearish trend line. EMA activity remains bearish. Dynamic support could be broken. Oil prices are continuing to plunge, despite consistent draws being reported in the US Crude Oil...

Key Points: Price action slips below rising wedge pattern. Weekly CCI indicating pullback in progress. RSI Oscillator trending lower within neutral territory. The kiwi dollar has been relatively...

Key Points: Symmetrical Triangle pattern coming to an end. Technical indicators remain strongly bearish. Downside breakout could see the 1.0912 support challenged After a relatively lengthy period of...

Key Points: Bank of England likely to cut between 25bps and 40bps. Downside risks dominate. Pound outlook remains bearish. Financial markets have seen some sharp volatility over the past few weeks as...

The Aussie dollar has been staging a fairly substantive rally over the past few weeks, even with the setbacks resulting from the UK European Union Membership Referendum. The resumption of the...

After a major surge in USD/JPY strength, the venerable pair now challenges the upside of a bearish channel which could mean a corrective slip is on the horizon. Moreover, a slew of other technical...

The USDCAD has enjoyed a relatively decent move over the past few weeks as the greenback has rallied in response to some robust US job figures and a depressed oil market. Subsequently, price action...

Last week, gold extended it gains and continued to hike consistently higher amid further disappointments in the US fundamental result releases. The week saw not only contractions in the US Core...

The euro drifted lower throughout most of last week as the stronger than expected US ADP NFP data saw capital flowing into the greenback. The ADP figure came in well above forecasts at 172k which was...

The venerable kiwi dollar has been one of the largest beneficiaries of the volatility flooding the global markets over the past week as capital has sought a safe haven.Subsequently, the currency has...

After briefly flirting with the 50.00 handle, oil recently took another plunge back to the ever robust zone of support around the 45.79 handle. In a subsequent manoeuvre, the commodity seems to be...

Historically, silver has largely been regarded as a safe haven in times of turmoil and unrest and an effective hedge against the effects of inflation. However, despite some significant turmoil within...

Despite the greenback’s generally excellent performance in the wake of Brexit, the USD/CAD has failed to capitalise on the fallout to the same extent. In fact, a recovery now looks like a fairly...