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Analysis Correlation between oil prices, effective federal funds rate, and dollar index This relationship represents only one of the variables that influence the pricing, but of greater importance given that the variables of supply and demand have been largely discounted by the market

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Preparing a break out, to monitor levels: 1079.93 (last relevant minimum) and 38.2% fibonacci of the triangle pattern in that start the price's fall. Currently the price is stopped in the 23.6% fibonacci level

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Nasdaq 100 index currently lies at the upper end of the bullish channel started from the lowest level after the crisis of 2008, in the last two years every correction to the bottom of the canal was supported by the simple average of 200 periods. This week after reaching a new record started a new corrective process, as can be seen through in the indicators MACD,...

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Eurusd, or it's near to a double bottom in the 1.08180 support, or it's taking a impulse before completing a trend reversal pattern. Strong Dollar: the dollar has risen 0.15% since opening today overbought after confirmation of Janet Yellen about a US rate hike into this year (USDOLLAR in 12048 now). Aditionally, I believe that investors are selling euros to...

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The metal, known to some as the commodity with an economics degree, plummeted to a six-year low of $5,240 a metric ton last week on the back of the rout in Chinese stocks. While the government was able to stop the bleeding in equity markets and copper has recouped some of its losses, people who trade the metal predict weaker demand growth from China will help drag...

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The Nasdaq Biotechnology rallied more than 4% on last week to a new all-time high. The NBI has seen two big plunges this year, including a 10% correction in April. Despite these zigzags, the trend is up. Earlier on Thursday, the Nasdaq crossed its previous intraday high set in March 2000. Now near the 4000 points, expect a correction in the next days for returning...

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Each sign of weakening of the Chinese economy has been interpreted as a high probability of falling demand for raw materials, with a consequent decline in the price of copper. The long-term copper has continued to fluctuate in a downward trend and is likely to values not exceeding $ 3 / ton at the short notice, or this price will serve like resistance. The support...

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The ECB's Quantitative easing program could press a fall between 50% and 38.2% in short term

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#Copper bearish in the short term There are signs of weak demand from China main importer and consumer of metals in the world, growth has slowed significantly in recent months with an expected growth of around 7%; PMI recent data have impacted copper prices downward. Today we expect the manufacturing PMI remains at 49.6, under the 50 mark, warning of stagnation of...

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#DXY Dollar seeking support in fundamentals Again the dollar depends on limited data that indicate the direction of the US economy, home sales and durable orders this week; consumer confidence, GDP and manufacturing PMI next week. For this week the forecast data may not be very encouraging, the dollar is could keep under the range of the moving average of 200...

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With subjacent CPI less than 0.2% expected, we can see fall with facility until 97 starting tomorrow

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It's only one of two possibilities: upcoming parliamentary elections in the UK will increase the volatility of the British Pound, the trend shown in the polls more than the sum of new economic data could weaken the GBP Our levels could be between 50% and 61.8% Fibonacci retracement. The second possibility is that the price continues the downward trend started by...

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According to oversold levels evidenced in both the MACD and RSI, in the coming days are likely to see an upward bounce with resistances between the average of 20 periods and the average of 50 periods (which coincides with the upper bollinger band) and then continue the downward trend in the medium term this the wake of the next key data in the euro area: the euro...

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After maintaining rates of both the RBA and the BOE the price of GBP / AUD has continued to trend downward from the average of bullish channel. In the next weeks we could to see a repeat of the bullish pattern of represented for the first elliot waves in the graph, close to the parliamentary elections in UK . Remember that next month the RBA could eventually to...

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After a healthy correction of 10% Nasdaq Biotech returns to the uptrend channel, before delivery of quarterly results

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Deteriorating demand expectations has induced volatility in price of copper, however, has recovered steadily around 8% of its value in the last two months. China main importer and consumer worldwide has seen fall its HSBC Purchasing Managers' Index (PMI) from 50.7 in February to 49.6 in March, signalling to Renewed deterioration in the health of the sector....

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Poor prognosis for growth indicators in China persist, this afternoon PMI manufacturing in japan and China are published, a further fall in relation to the value of the latter indicator is expected, so it is anticipated that copper will also fall with a similar intensity to monday of last week, finding support in the average of 100 periods. PMI index Purchasing...

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Strike Workers this week in Grasberg (Australia) – the world's second largest copper mine by capacity – Reduction of mining projects in Chile, and Chinese inventories that fell for the first time in two months, a signal that demand in the top metals consumer is slowly recovering after a holiday. Have made that Copper prices jumped to a two-month high on Friday....