Blackwell Global

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 the recent uptrend, the pair looks ready to retreat. The long-term pennant should remain in place. Losses could extend to the 110.17 handle. The dollar-yen has been advancing...

Key Points: Momentum is slowing but may not be exhausted yet. The GDT Price Index could keep the bulls in play. Technical readings remain bullish, albeit to a lesser degree than last week. The NZD/USD...

Key Points: After some solid gains, the AUD may need to cool-off going ahead Overbought status is likely to exert some selling pressure Losses should be limited to the 0.7611 handle After breaking...

Key Points: Price action reaches the upper channel constraint Key reversal zone has been reached Bearish Divergence evident on the RSI Oscillator and MACD The EUR/GBP has been trending within a fairly...

Key Points: An Elliot wave is becoming apparent in the wake of the recent rout The breaking of the long-term trend line signals further losses are now likely A near-term recovery is still expected The...

Key Points: Short term technical time frame may be turning bullish. Fundamental oversupply remains and is likely to impact medium-term view. Watch for a short-term break towards the $47.00 - $48.00...

Key Points: After a major stumble, fears of another pronounced decline are on the rise. Some mixed technicals offer an interesting forecast for the days ahead. The long-term bias is now bearish...

Key Points: Recent gains could be built on in the coming weeks. The shifting technical bias is indicating that gains could be quite substantial. A near-term peak is likely to be seen at the $47.69...

Key Points: Short term bullish trend line evident. RSI Oscillator is nearing oversold whilst Stochastics indicate reversal imminent. Watch for a break higher towards the $17.00 handle and $17.582 in...

Key Points: Fed likely to remain on course for further rate hikes in 2017 Industrial demand for silver remains buoyant Silver likely to remain bullish in the short term but watch for Fed action Silver...

Key Points: Bearishness could end within the next week or so A breakout above the 100 day EMA is like to signal the resumption of the uptrend Gains should be capped around the 113.00 handle The dollar...

Key Points: Crude oil (WTI) prices fall below November low Shale oil gaining in technological advantage Watch for continued downward pressure as crude oil markets continue to rebalance The price of...

Key Points: Resistance may be less robust than is immediately apparent Underlying technicals suggest a breakout is warranted The resulting rally could extend as far as the 0.7379 handle rather...

Key Points: A near-term reversal is now likely given the technical bias. Any potential rally is likely to be limited to the 1.12 handle. Monitor the EU data as the week closes The euro has been...

Key Points: Gains should continue to be seen this week The 0.9818 mark is likely to be our turning point Technicals are largely driving prices The swissie has been recovering nicely over the past week...