Blackwell Global

Key Points: The dollar-yen should sink below the 100 day EMA this week. Numerous technical readings support further losses. Downsides should be limited to the 110.00 handle. Further losses are looking...

Key Points: AUD/USD continues to appreciate thereby complicating economic rebalancing. Nominal real interest rates have continued to decline towards 1.00%. RBA unlikely to undertake monetary policy...

Key Points: Chinese GDP Growth rockets to 6.9% y/y. Industrial Production also increases to 7.6% y/y. However, credit impulse is not yet evident in latest GDP figures. Markets largely got a shock...

Key Points: The NZD could be poised to rally further this week. GDT Prices are likely to be the driving force behind further upsides. Technicals are also hinting at another bullish week. The NZD/USD...

Key Points: Price action appears ready to recommence a move towards the channel bottom RSI Oscillator rising within neutral territory Watch for an upside move by the metal in the week ahead Precious...

Key Points: The near-term technical bias is now looking rather bearish A reversal could see the pair back at the 1.24 handle Long-term bias remains bullish A surprise rally of around 80 pips has...

Key Points: Fed Chair Yellen takes a dovish tone before Congress Central bank likely to rely mainly upon QE taper rather than multiple rate hikes Equity and bond markets likely to be strongly impacted...

Key Points: Despite recent bullishness, the AUD could be about to tumble. Overarching chart pattern signals that the bears are on the verge of a comeback. Losses could extend to 0.7376. The AUD has...

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: Strong support at 1.2849 likely to cap a further slide lower Pair remains technically neutral Keep a close watch on the U.S. CPI figures, due out during Friday’s session The cable...

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: USD/JPY continues to trend towards near term resistance Japanese economic data continues to worsen Watch for an upside break above resistance in the coming week The USD/JPY was strongly...

Key Points: Despite a rough week, the NZD may not be moving into a downtrend just yet Fears over falling dairy prices may be somewhat overblown The technical bias suggests that support should remain...

Key Points: A flash crash has hit silver markets leaving many traders scratching their heads Numerous explanations have been put forward, including the less reliable ones Prices seem to have...

Key Points: Price action fails to breach trend line and turns negative Key support level at 0.9585 nearing Watch for a breakdown towards the 0.9550 mark in the coming week The USD/CHF has been under...

Key Points: Global supply glut continues despite OPEC production deal. Technical analysis suggests further bearish pressure for crude oil prices. Watch for further price declines in the week...