Blackwell Global

Key Points: Inflation and Retail Sales slowing. Market has largely priced in the risk of hawkishness. Current risk profile is slanted to the downside. The Bank of England’s monetary policy...

Key Points: Price action reaches the upper channel constraint and shows signs of stalling RSI and Stochastic Oscillators showing a move to the downside Watch for a move lower in the coming days The...

Key Points: Cable recently buoyed by negative greenback sentiment swing. Bank of England MPC decision likely to be the key event. Risks for the Cable are largely tilted to the upside. The Cable...

Key Points: Price action trapped within a 4-hour range RSI Oscillator is declining within neutral territory Watch for a breakout in the coming session The New Zealand dollar has been roaring lately as...

Key Points: The PLN/USD has been powering higher over recent weeks Technically, the pair is well placed to rally further USD weakness will only help to spur the bulls into action Just for something...

Key Points: Australian Headline CPI falls to 0.2% q/q Trimmed Mean CPI remains on target at 0.5% Inflation softening likely to only be transitory The latest Australian Consumer Price Index (CPI)...

Key Points: Selling Pressure is likely to resume in the near-term. Long-term downtrend remains intact despite recent upswing. Losses should be capped around the 47.20 or 45.32 handles. Oil prices...

Key Points: UK GDP likely to return a 0.3% q/q print U.S. FOMC decision could provide some volatility Watch for a challenge to the 1.31 handle in the week ahead The cable had a relatively poor week...

Key Points: Despite the broader uptrend, losses are looking likely to extend. Various technical readings suggest that the pair could sink to 142.27 The broader pennant should remain intact. Most JPY...

Key Points: After another bullish week, the AUD/USD may need to cool-off. The Fundamental outlook is somewhat bearish moving forward. Technical bias is mixed. The AUD had yet another strong rally last...

Key Points: Euro continues to rally following hawkish ECB statement Minor support at 1.1588 remains in place Watch for a continued move towards 1.18 in the week ahead The euro continued to rally...

Key Points: The current downtrend is unlikely to remain in place Support is technically robust A reversal could reach as high as the 0.9659 handle The swissie has moved to test a critical technical...

Key Points: ECB’s Draghi takes a hawkish tone in his latest commentary Highlights low inflation but suggests the economy is growing strongly Potential for a QE taper in September ECB meeting The...

Key Points: Both the AUD and the CAD have been performing well recently The AUD/CAD seems to be on the cusp of taking a tumble Losses could extend to 0.9929 and beyond Both the AUD and the CAD have...

Key Points: Price action continues to trend within a tightening wedge pattern RSI Oscillator is diverging higher and away from price action Watch for aupward breakout in the coming week as momentum...

Key Points: Despite recent bullishness, gold should reverse rather shortly. The ongoing ABC wave is likely to enter its final stages. Losses should not extend past the 1180.05 handle Gold prices have...