The Ichimoku Strategy is a based off the Japanese technical indicator developed by a Journalist in the late 1930s. Ichimoku is a moving average-based trend identification system and because it contains more data points than standard candlestick charts, it provides a clearer picture of potential price action. The main difference between how moving averages are...
On the 1st March of this year, we wrote about a potential reversal in the trend of the Dollar Rand. With the recent news and headlines, we have seen a strong breakout in volatility and the price. If you would like to read the previous post, visit it here www.blackwellglobal.com Disclaimer: Trading leveraged products involves a high level of risk. 71% of...
Will gold buck the trends of 2016 and 2017 and strengthen leading up to Indian Wedding Season? A key driver in the appreciation of the precious commodity, the elaborate ceremonies that are held during the October / November months could help support the price of the precious commodity in 2018. Trading Forex / CFDs is High Risk. Where do you see Gold going?
Will the Trade War erode the EURUSD, or is a possible breakout coming? Technically the Monthly chart channel points to a continuation of the downtrend with the price sitting just above the McGinley Dynamic 14 day level. This indicator is a smooth version of the traditional Moving Average. Interestingly the relative strength is at a midpoint, which implies neither...
Disappointing German Manufacturing figures paint a very concerning picture for Europe's largest economy. Posting a 5.9% drop in foreign demand for German products in June, Manufacturing data is responding to Trade War speculation and Trump's proposed tariffs. Will this spill over into other Eurozone markets? More importantly where is the German economy headed in...
Trade War or Free Trade? The EU and Japan confirmed on Tuesday (17th July), the largest Bilateral Free Trade Agreement ever, with the new deal covering almost a third of global trade and influencing the lives of over 600 million people. How will this affect the volatility of the EURJPY? Will the Bank of Japan stimulus policy drive volatility? The 10 year Bond...
Rising volatility coupled with an enviable uptrend continues to spur trader interest. Geopolitics or should we say Trump politics seems to be the main catalyst for the recent movements in the energy commodity. Are we in for Round Two or is this just a false signal? Trading Forex / CFDs is High Risk.
Bitcoin was back in favour overnight, with the Cryptocurrency rising $600 in the matter of minutes. The mid month spike seems to be a recent common trend. Can Bitcoin hold the price or more importantly can it break the R1 Pivot Level? Trading Forex / CFDs is High Risk.
What does President Trump mean for technology? Will the Nasdaq continue to extend its gains? These are important questions that could be answered in the coming weeks. Trump's stance on immigration coupled with trade tariffs could be the precursor for a pullback in the index. Trading Forex / CFDs is High Risk.
There are a few things in life that you think will never happen. Brexit was one of those things. With the continued uncertainty surrounding the exit from the EU, will we also see Parity with the US dollar or will the UK Government strike a deal? Trading Forex / CFDs is High Risk.
Traditionally highly correlated, Gold and Silver have recently decoupled, with the correlation coefficient falling to levels not seen since 2014 / 2015. Has the market dynamic changed due to geopolitical risks and which precious commodity would you pick? Trading Forex / CFDs is High Risk
Low volatility coupled with a flat ranging price could herald a short term breakout. Will Bitcoin come back into favour or is this the final decline for the crypto currency? Trading Forex / CFDs is High Risk.
The instability in the Turkish Lira continues to play on the minds of traders, with the USDTRY looking to test new levels. Have we seen the top? Trading Forex / CFDs is High Risk.
In March () we highlighted the relatively oversold nature of the Dollar / South African Rand Cross. Not surprisingly the reversal in fortune has led to the USDZAR touching the 13 levels. Is the run up too quick? Trading Forex / CFDs is High Risk
Breaking through the important pivot level of R2, the USDTRY continues to rally of the back of expected interest rate hikes. President Erdogan's monetary policy comments had little dampening effect with the USDTRY skipping past the key 4.38 level. Will Turkey's Central Bank be able to manage the current levels of inflation in the short term? Trading Forex / CFDs...
Will the Pound continue to feel the effects of the Brexit hangover? Historically highly correlated, the EURUSD GBPUSD monthly chart, paints a very concerning picture. Trading Forex / CFDs is High Risk.
With the Eurovision Final only days away, we are once again seeing a pullback in the the Euro dollar cross. Is there a curse, or is it just part of the greater "Sell in May and go away" theory? The above chart highlights the weakness in the EURUSD price during the months of April / May over the last 15 years.
Are the pivot points painting a clear picture of where Ethereum and other Cryptos are headed or are we in danger territory? According to the daily chart the price is currently at the R1 level. To put this into perspective, this level was consistently broken leading up to the end of 2017. Trading Forex / CFDs is High Risk.