Today we are going to take a look at the weekly chart of the MU Micron Technology Inc. stock which shows a very interesting price structure. Before we proceed with the analysis, few words about the company....
EURUSD Short Term Elliott Wave view suggests that the decline from 9/8 peak is unfolding as an expanded Flat Elliott Wave structure. Down from 9/8 high (1.2094), Intermediate wave (A) ended at 1.1837 and Intermediate wave (B) ended at...
The US dollar has been falling during the session on Monday, but has found a bit of support near the 112.50 level again. This is an area that has been both support and resistance as of late,...
The US dollar rallied against the Canadian dollar initially during the session on Monday, reaching towards the 1.2525 handle. We did pullback a little bit later in the day though, as we continue to see quite a...
The British pound fell against the US dollar during the Monday session, reaching towards the 1.3250 level. This is an area where I would expect to see support though, and on the hourly chart we are starting...
The EUR/USD pair fell initially on Monday, perhaps in response to the referendum in Catalonia for independence. Spain is going to continue to be an issue, because the scene there is getting ugly. The fact that we...
The Australian dollar fell initially on Monday, reaching below the 0.78 level momentarily, before bouncing. This is an area that begins a significant amount of support extending down to the 0.7750 level, so I do expect a...
Cable has been selling off recently but could be due for a bounce as it tests the support zones visible on its long-term chart. Price is moving inside an ascending channel on its 1-hour time frame and...
USDCAD stays above a bullish trend line on its 4-hour chart and remains in the uptrend from 1.2061. As long as the trend line support holds, the uptrend could be expected to continue and further rise to...
USDJPY stays in a rising price channel on its 4-hour chart and remains in the uptrend from 107.31. As long as the channel support holds, the uptrend could be expected to continue and a breakout of 113.25...
