DAX 40 Index, FTSE 100 & Euro STOXX 50 SX5E Technical Analysis Elliott Wave Forecast & Trading Strategies.
Euro Indices Overview: Complicated Wave (4) correction.
European Indices Elliott Wave Analysis Wave Count:
DAX 40 Elliott Wave B of (4).
FTSE 100 Elliott Wave B of (4).
EURO STOXX 50 Elliott Wave B of (4).
Video Chapters:
00:00 EURO STOXX 50 Elliott Wave Analysis.
05:38 DAX 40 (GDAXI) Elliott Wave Analysis.
10:04 UK100 / FTSE 100 Elliott Wave Analysis.
25:34 Thank you for watching Euro Indices Elliott Wave Analysis.
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.
Latest Forex Analysis
Editors’ Picks
EUR/USD struggles to rebound, holds near 1.1150 after US data
EUR/USD trades around 1.1150 in the early American session on Friday as investors assess the latest inflation data from the US. According to the US Bureau of Economic Analysis, Core PCE Price Index rose to 4.9% on a yearly basis in December from 4.7% in November, surpassing the market expectation of 4.8%.
GBP/USD clings to small gains above 1.3400 on mixed US data
GBP/USD posts modest daily gains slightly above 1.3400 on Friday as the dollar rally loses steam. The data from the US showed that the core PCE inflation edged higher to 4.9% in December. On a negative note, Personal Spending contracted by 0.6% on a monthly basis.
Gold recovers modestly after US data, stays below $1,800
Gold managed to stage a rebound from the multi-week low it set below $1,780 but continues to trade deep in the red near $1,790. The benchmark 10-year US Treasury bond yield is rising more than 1% on the day after US data, limiting XAU/USD's recovery.
Bitcoin Weekly Forecast: Federal Reserve cannot tame BTC’s uptrend
Bitcoin has experienced some significant losses over the past few weeks, with a more dramatic drop occurring this week after the Fed's decision was announced. As losses have extended and BTC has entered into the $30,000 zone, concerns regarding Bitcoin being in a bear market have increased.
Apple share price set to rise after another record quarter
With the Nasdaq closing at its lowest level in seven months yesterday, the Apple share price has also found itself on the end of the recent weakness in tech shares, down over 12% from its record highs in early January.