Australian Stock News 2022: ELLIOTT WAVE ANALYSIS; ASX 200 Index, AUDUSD,  CBA, BHP, RIO & FMG Technical Analysis Elliott Wave Trading Strategies

TradingLounge's  SPECIAL DEAL  Get 3 Months for the Price of 1 Month

Video Chapters
00:00 ASX200 (XJO)
19:47 Commonwealth Bank (CBA)
24:56 Resource stocks Iron Ore NCM BHP FMG RIO
35:31  Forex AUDUSD 
41:24 Thanks for watching!

WATCH ALL VIDEOS FROM THE CHANNEL: 
https://www.youtube.com/playlist?list=PLfRGcW6qD-aw9MW6vXbSXrFJWWLJ-cWrx

READ ABOUT ASX200: https://tradinglounge.com/asx200-elliott-wave
READ MY BLOG ARTICLES: https://tradinglounge.com/TradingLounge-Blog

ASX 200 Index Overview: Simply stated, the 7500 as support or resistance confirms the market as being bearish or bullish.
ASX200 Elliott Wave c of (ii) of iii) of C of (4)
ASX200 Trading Strategy: Corrective rally to 7440 then look for short trade set-ups

Peter Mathers - TradingLounge

 

As with any investment opportunity there is a risk of making losses on investments that Trading Lounge expresses opinions on.

Historical results are no guarantee of future returns. Some investments are inherently riskier than others. At worst, you could lose your entire investment. TradingLounge™ uses a range of technical analysis tools, software and basic fundamental analysis as well as economic forecasts aimed at minimizing the potential for loss.

The advice we provide through our TradingLounge™ websites and our TradingLounge™ Membership has been prepared without considering your objectives, financial situation or needs. Reliance on such advice, information or data is at your own risk. The decision to trade and the method of trading is for you alone to decide. This information is of a general nature only, so you should, before acting upon any of the information or advice provided by us, consider the appropriateness of the advice considering your own objectives, financial situation or needs. Therefore, you should consult your financial advisor or accountant to determine whether trading in securities and derivatives products is appropriate for you considering your financial circumstances.

Recommended Content


Recommended Content

Editors’ Picks

EUR/USD fluctuates in daily range above 1.0600

EUR/USD fluctuates in daily range above 1.0600

EUR/USD struggles to gather directional momentum and continues to fluctuate above 1.0600 on Tuesday. The modest improvement seen in risk mood limits the US Dollar's gains as investors await Fed Chairman Jerome Powell's speech.

EUR/USD News

GBP/USD stabilizes near 1.2450 ahead of Powell speech

GBP/USD stabilizes near 1.2450 ahead of Powell speech

GBP/USD holds steady at around 1.2450 after recovering from the multi-month low it touched near 1.2400 in the European morning. The USD struggles to gather strength after disappointing housing data. Market focus shifts to Fed Chairman Powell's appearance.

GBP/USD News

Gold retreats to $2,370 as US yields push higher

Gold retreats to $2,370 as US yields push higher

Gold stages a correction on Tuesday and fluctuates in negative territory near $2,370 following Monday's upsurge. The benchmark 10-year US Treasury bond yield continues to push higher above 4.6% and makes it difficult for XAU/USD to gain traction.

Gold News

XRP struggles below $0.50 resistance as SEC vs. Ripple lawsuit likely to enter final pretrial conference

XRP struggles below $0.50 resistance as SEC vs. Ripple lawsuit likely to enter final pretrial conference

XRP is struggling with resistance at $0.50 as Ripple and the US Securities and Exchange Commission (SEC) are gearing up for the final pretrial conference on Tuesday at a New York court. 

Read more

US outperformance continues

US outperformance continues

The economic divergence between the US and the rest of the world has become increasingly pronounced. The latest US inflation prints highlight that underlying inflation pressures seemingly remain stickier than in most other parts of the world.

Read more

Majors

Cryptocurrencies

Signatures