Blackwell Global

The gold market has been very active over the course of this month with it peaking yesterday after the FOMC meeting minutes were released. A double top pattern and a rejection off the moving average...

Source: Blackwell Trader (XAGUSD, D1) Silver markets were pushed up higher overnight as FOMC shook the markets up. What was no surprise for them though was the power of the channel in play as it...

Last night's dairy auction came with no real surprises for the market; other than a further drop which was somewhat expected. The NZ economy relies heavily on its dairy export market, which accounts...

The euro has found a bit of support recently, but there is an interesting convergence of factors and some calendar items that will see volatility return to the EUR/USD pair. Source: Blackwell...

Yesterday's preliminary GDP shocked the market and rightfully so. Japanese Preliminary GDP q/q fell to -0.4%, this was a shock to the market and apparently was the case of inventory write downs....

The silver market has been trending downwards for sometime on the charts, and almost looked like it was going to pull back a few days ago. What we saw was a brief strong rally in metals for the...

Oil markets have been in free fall for some time in the marketplace, and many have noticed. From traders to retail spenders at the pump everyone has noticed the value of oil dropping strongly, and for...

EURGBP Finds The ChannelThere is a nice steady downward sloping channel that has been in play on the EUR/GBP daily chart for over a year now. The price has used the middle of the channel as a point of...

Gold has seen plenty of volatility in recent weeks and it looks increasingly bearish on the back of US Dollar Index strength. That has led to a consolidating pennant pattern that could see a breakout...

The EUR/AUD is an unlikely pair, but one that has received a large amount of attention overnight on the back of a solid technicalsetup. The EUR/AUD has been a solid mover in the market and has...

The AUD/USD has broken free of the ranging pattern it was stuck in for a month or so and now looks to use the previous support as resistance for a movement lower. Source: Blackwell...

Source: Blackwell Trader Anyone watching the silver charts would still have quite a bearish bias as of late, and rightfully so given the current market climate. But there has been a lot of action on...

Gold and silver have been sliding down the charts and it’s about this time that people start to look for further upside potential as it touches new lows. I’m afraid to say though that...

The Canadian Dollar has seen some strong data in recent weeks, but has failed to make any ground against a rampant US Dollar. It would pay for traders to begin to explore some cross pairs,...

The non-farm payroll is due out over the course of the next 48 hours, and many will be asking just how much of an impact it will have. The most likely answer is that it will have a massive impact on...

Gold markets have taken a large dive over the recent week, as the currency war has heated up with Bank of Japans recent move, which in turn has led to large gains for the US dollar. This trend looks...