Blackwell Global

Recently the markets have been awash with talk about crude oil seemingly having discovered a bottom to the recent decline. However, the supply fundamentals remain unchanged, and despite the talk of...

Gold rallied sharply thanks to the uncertainty and the flight of capital to safe haven bets. The range came under pressure and ultimately broke, sending the metal up before a strong NFP report led to...

Crude oil prices continued to slide overnight, forming new lows not seen since early August, as concerns over a supply imbalance weighed upon the commodity. There continues to be mounting evidence...

The USD/CAD continues to look buoyant as the pair remains supported by a strongly bullish trend line. However, last week saw the pair sliding back towards support and traders are now asking whether...

Gold is consolidating at the bottom of a long and steep downtrend, which came on the belief that the Fed will raise interest rates. Does the consolidation signal a bottom, and how much impact does the...

As the ongoing war between OPEC and US shale oil producers continues to rage, so too does the collateral damage of the global supply glut. The latest casualty of the commodity war appears to be...

Gold has been bid up off the recent six year lows, which comes as a bit of a surprise given the market’s expectation of a forthcoming rate rise. The support gold found in recent trading has come...

The USD/CAD has been a star performer of late on the back of a surging US dollar sentiment. However, technical analysis of the pair is signalling the potential for some sharp falls ahead as the bulls...

Last week saw Gold fall sharply as market sentiment swung towards the US dollar. However, the precious metal might finally have discovered some support as the commodity managed to gap open on...

WTI Crude Oil looks to have extended lower out of the bullish trend line that formed a large consolidation pattern. If the breakout holds, it could spell disaster for the Oil bulls and the six year...

Oil is consolidating in a very large pennant shape that is getting close to the critical point. Resistance has been found along the top of the shape and a short-term bearish leg is likely. In the...

As the market largely focuses upon the game being played over the potential for US rate hikes, a larger economic crisis is brewing within the world’s factory, China. Despite a range of...

Gold has suffered at the hands of the Fed recently as they talk up the prospect of a rate rise at the December meeting. The slide could be halted as the precious metal looks for support along the...

The British pound came under pressure during the week thanks to a disappointing fall in UK GDP figures. Strength was found in the pair towards the end of the week but it has now run out of steam as it...

The Canadian dollar fell strongly overnight, after the hawkish rhetoric from the US Federal Reserve hit the wires, but the venerable CAD now looks set to add an additional bullish leg as price action...

Crude oil traders are again preparing for falls as the latest API inventory data points to a 4.1 million barrel build in oil stocks.The tumultuous path of crude oil has been an interesting study in...