Blackwell Global

Investors and traders have been closely tracking bond yields this year. This is because, in March 2021, the yield of 10-2 Year Treasury Yield Spread moved to 1.74%, a level it hadn’t matched...

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: U.S. RedBook signals slipping Retail Sales data. RSI Oscillator remains on an upward trajectory in neutral territory. The U.S. Core CPI result is likely to determine the near term...

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...

Key Points: The third leg of the Elliot wave has extended further than expected. It looks like leg four is now underway. Long-term bias remains bearish. The third leg of the loonie’s Elliot wave...

Key Points: A corrective ABC wave could carry oil higher moving forward. Despite any near-term bullishness, the long-term bias remains bearish. 48.55 level likely to be the next peak for oil...

Key Points: The long-term trendline seems to be broken. A corrective ABC wave could be seen in the coming weeks. Losses could extend to the 1180.00 handle. As a result of a breakout below its...

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: Crude Oil fails to break through recent high. RSI Oscillator retreating from overbought levels. Downside targets likely to fall around the 10EMA at $52.10 and 50EMA at $51.20. Crude Oil...

Key Points: Heightened global military tensions are seeing silver prices soar. The technical bias is also in favour of further upside action. The rally could extend up to the $19 handle and beyond. In...

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: 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: 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: A breakout is likely and this should be to the upside. Long-term channel should remain intact. The pair should reverse to the centre of the channel. The loonie is fast approaching a...