Blackwell Global

Warren Buffett has long been a critic of cryptocurrencies – is he looking at the value of cryptos through too much of an industrial lens?It is rare for a professional investor to become a...

Key Points: OPEC quietly admits that its Shale Oil Strategy has failed. ULCC static off Oman since 2015 offloads oil. Imagery suggests Saudi Arabia could be fudging their inventory storage...

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: Price action likely to continue moving towards the 1.3184 target. Watch for volatility around the Fed’s rate decision. A short period of moderation possible given RSI levels. The...

Key Points: Price action stalls at 1.28 handle. RSI Oscillator strongly overbought. 1.2754 support zone will need to hold if pair has chance of resuming rally. The cable had a tumultuous week last...

Key Points: Saudi Arabia signals potential extension to production cuts. Price action being pushed to the update by geopolitical risk. Medium term outlook remains unchanged despite recent rally. Crude...

Key Points: Cable buoyant as market looks past Brexit risk. Inflationary pressures rising with the UK. Watch for a break of resistance around 1.2569. The cable had a relatively historic week with the...

Key Points: Mean reversion likely to occur for the cable. RSI Oscillator nearing overbought levels. Watch for a retracement in the days ahead. The UK managed to surprise everyone overnight as the...

Key Points: U.K. consumer price index exceeds forecasts and rises to 2.3% y/y. Economists are predicting a 3.0% y/y gain in inflation in near term. Bank of England may act to raise rates during their...

Key Points: Near-term downsides are looking likely. Long-term head and shoulders could be shaping up. Keep an eye on the FOMC meeting. Despite a slowing rate of decline, gold could have further...

Key Points: U.S. crude oil production and drilling activity increases. OPEC agreement on production caps starts to falter. The $50.00 handle likely to be the key battleground in the weeks ahead. This...

Key Points: Cable retreating towards a key support zone formed by the October low. RSI Oscillator close to oversold. Watch for a retracement back towards the long side in the coming week. The past...

Key Points: Reaching a turning point in the Elliot wave. EMA bias remains highly bullish. Rate hike fears could hinder further gains. Sentiment should be returning to the gold markets this week as the...

Key Points: Cable likely to be impacted by NFP result. Market struggling for data points ahead of FOMC meeting. Watch for volatility around the US NFP and UK NIESR GDP results. The cable had a...

Key Points: Turning point of the ABCD wave appears to have been reached. Most technical readings are indicative of a near-term decline. Brief ranging phase could come into effect this week. The...

Key Points: Greece and Germany on a debt collision course. Greece unlikely to meet budget or debt repayment schedule. The question is now political as to whether Greece remains part of the EU. It...