Blackwell Global

The US Dollar Index is forming itself into a triangle shape ahead of a speech by FED Chairwoman Janet Yellen. If her comments move the dollar enough in either direction, we will see a breakout of the...

For some time now the euro has been sliding lower on the charts against most currencies, from the yen to the US dollar, its climbing abilities have certainly slowed. Many traders have taken notice and...

The European Union is looking like the contender for this week's biggest move as Mario Draghi sets to feed the banks loans in order to prop up the European Union. Many economists are expecting Draghi...

The AUD/NZD pair is testing the current trend line, which is so far holding firm. In the absence of any shocks to the market, the bulls should return and a bounce off the trend line will be the likely...

Oil has been playing on techincals for some time, and last night after the US oil data, we saw a massive plummet as it drove down to close well below the bullish trend line in play. So when technicals...

AUD/NZD The Australian dollar continues to struggle on the charts and against the NZD. After today’s weak unemployment data it has fallen so far as to almost touch the current bullish trend line...

The EUR/USD pair is following a bearish channel that should provide traders with the set up they need to go short. The lack of news this week will ensure the pair trades off technicals and a bounce...

Oil After trending down the charts as global tensions ease, oil might find some respite as of late. Currently oil has been playing of technicals and we have a strong bullish trend line in the play,...

The NZD/USD pair has reached the heady heights close to the 0.88c mark and the market has made it clear it does not belong there. As a result, the Kiwi dollar is now following a bearish channel which...

Silver is currently insistent is forming a range pattern with a slightly bullish trend to it that can be taken advantage of as it heads down to the lower end.Silver recently broke out of a very old...

There's a myriad of charts that many will be watching during the week ahead, especially with all the data being light. So expect technicals to play a big role in a lot of pairs as they move on weak...

Oil has pulled back recently and is eyeing up the trend line that has been in play since January. A touch of this could provide a bounce higher or a breakout that will send oil down to its predicted...

Last night was a doozy when it came to big data and market movements, it’s rare to get such massive market movements in such a short time frame. A quick recap shows us some interesting numbers...

Source: Blackwell Trader (SGD/JPY, D1) The Singapore dollar seems to have an affinity for technicals, especially when trading against various other currencies bar the USD. So far the SGD/JPY has been...

The Nikkei 225 index is following a decent channel upwards on the H4 chart. The current uptrend has formed a head and shoulders pattern that could signal a reversal.The current situation in Japan is...

The AUD/USD cross is looking still bullish despite today’s announcements and data releases.After an extended period of time of hollow talk and neutral stances, the Reserve Bank of Australia...