Blackwell Global

Key Points: After a strong prior week, the AUD looks ready to extend gains. Fundamentals were largely responsible for recent bullishness. Technical bias is also rather bullish. The Aussie Dollar...

Key Points: USD/JPY likely to remain bullish in the near term as dollar surges BOJ discussing removing stimulus and tapering Watch for a move towards the 112.00 handle in the coming week The USD/JPY...

Key Points: Price action collapses below bullish trend line RSI Oscillator strongly oversold ABCD pattern completes and retest of the trend line is likely in the coming session The USD/CAD has...

Key Points: A reversal is looking likely in the coming sessions. Support being generated by the 100 day EMA. Also keep half an eye on the BoJ. The CHF/JPY has been having some fairly reliable...

Key Points: Price action produces a false breakout. 60 EMA dynamic support is looming. Watch for a break lower in the coming week towards the $1230 an ounce mark. The past six months have proved...

Key Points: The recent rout seems to have lost its momentum Support is relatively robust around the current level The EMA bias remains staunchly bullish The EUR/AUD is worth a look in this week as a...

Key Points: Price action trending within an ascending channel RSI oscillator is showing divergence Watch for the bullish channel to breakdown ahead of the FOMC vote The New Zealand dollar has been a...

Key Points: Crude oil trending within a relatively strong bearish channel. Price action has discovered some support and RSI is now trending higher. Watch for a breakout of the descending channel in...

Key Points: Long-term trend line is now in danger of being broken. A head and shoulders pattern is becoming apparent. Rate hike expectations could assist the near-term recovery. The Loonie took a...

Key Points: Buying pressure has been notable but may subside over the coming days. Mixed fundamental forecast should see some of last week’s rally eroded. Near-term losses may not preclude...

Key Points: Cable facing volatility as Bank of England and FOMC decision looms. Watch for sharp volatility following the risk events. Expect further political risk until Theresa May can form a...

Key Points: RSI Oscillator flirts with oversold levels. 3-Drive pattern completes on 4-hour timeframe. Watch for a break higher in the coming days. Crude oil has been on a wild ride the past few weeks...

Key Points: The pair could make back some modest ground over the coming sessions. Our technical bias remains bullish on a number of fronts. Comey saga is still worth bearing in mind. The dollar yen...

Key Points: Despite recent losses, the pair may not have shaken its long-term bias. Numerous technical readings are now bullish. If we don’t see a reversal, losses could extend to the 0.95...

Key Points: Price action reaches a key supply zone. Watch for momentum to stall and price to decline in the days ahead. Downside move back towards 0.7055 likely in the coming week. The past month has...

Key Points: The long-term trend line is likely to encourage a reversal. Numerous technical reading suggestive of a near-term rally. Fundamental outlook is also rather bullish. The loonie is poised to...