Blackwell Global

Key Points: Price action forms a descending wedge pattern. Key support zone around 0.83 handle looming. Watch for a upside breakout in the coming days. The Euro-Pound has seen a convincingly slow burn...

Key Points: Despite recent bearishness, the USD/CAD could see some buying pressure this week. Technicals are strongly in favour of a pause in selling pressure. Gains could extend to the 1.3687...

Key Points: Cable likely to remain bearish in the coming session. Support at 1.2830 will be relatively critical. Technical factors currently suggesting a corrective move ahead. The cable had a week in...

Key Points: Weak technical bias could see a ranging phase occur. Fundamentals likely to be more important as we move ahead. Consumer Sentiment data likely to be the key risk event. The AUD/USD was all...

Key Points: Two key patterns are nearing their ends. Near-term consolidation looks likely. A breakout could be on the horizon. A number of chart patterns are all nearing their endgame for the kiwi...

Key Points: Price action forms an ABCD Pattern. Key support zone around 0.84 handle looming. Watch for a pullback towards the 0.83 handle in the coming days. The EUR/GBP has been under pressure over...

Key Points: We may have finally reached a bottom for the metal. Technical bias is reversing to bullish. Fundamentals remain in play and could help to push silver higher. Silver prices have been in...

Key Points: WTI benchmark prices remain under pressure around $46.11 a barrel. Nigerian production likely to expand with refinery investment. OPEC needs to determine an effective strategy lest oil...

Key Points: Post-election rally is running short on momentum. Technical bias is moving towards bearish. Losses could extend to the 1.09 handle. Some strong buying pressure over the past 48 hours has...

Key Points: Last week saw substantial losses accrue. A period of moderation could now be on the cards. Fundamentals should be in command this week. The AUD went plunging lower last week which could...

Key Points: Official Bank Rate decision pending. RSI Oscillator strongly overbought. Watch for a pullback towards the 1.29 handle in the coming week. The Cable had another week in the green as the...

Key Points: Price action stalls near 1.10 handle. RSI Oscillator nears overbought levels. Watch for a breakdown towards the 1.07 handle in the coming week. The euro bulls have had a highly positive 24...

Key Points: Downside risks are increasing as resistance refuses to yield. Technical bias is becoming bearish despite the recent rally. Losses could extend as far as the 1.2667 mark. The cable has been...

Key Points: Risks of FOMC meeting slanted to the downside. Market clearly looking for a strongly hawkish message. Fed likely to keep rates on hold whilst remaining `data dependent’. As the...

Key Points: Silver and gold likely to begin a recovery moving forward. Risk appetite may not be as great as it appears at first glance. FOMC unlikely to deliver a rate change and impact the metals. It...

Key Points: Consolidating wedge shaping up. Most technical readings hinting at a reversal. Losses could see the pair retreat to last week’s lows. The Aussie dollar has been extremely volatile...