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Elliott Wave Trading Strategies: DAX 40, FTSE 100, STOXX 50, DXY, and EUR/USD [Video]

Peter Mathers TradingLounge

DAX 40 Index Chart and Forecasts. FTSE 100 Index UKX, STOXX 50 Forex EURUSD DXY Dollar Index Elliott Wave Technical Analysis.
European Stock Market Daily News Headlines: UK consumer sentiment hits record low as inflation soars.
Elliott Wave Market Indices Summary: Wave 4 currently in Wave b) of 4 and Wave c) lower is still required.
Trading Strategy: Short trades for the DAX and Stoxx see video for trade signals.

Video Chapters:
00:00 DAX 40 (GDAXI).
04:31 EURO STOXX 50.
06:57 UKX / FTSE 100.
08:30 Forex EURUSD / DXY.
13:40 Thanks for watching!

Author

Peter Mathers

TradingLounge

Peter Mathers started actively trading in 1982. He began his career at Hoei and Shoin, a Japanese futures trading company.

AUD/USD languishes near two-month low amid renewed Iran tensions

AUD/USD holds above 0.7000 during the Asian session on Wednesday, though it remains close to a nearly two-month low set the previous day. Fresh US strikes on Iran temper hopes for a peace deal and benefit the safe-haven US Dollar. Furthermore, inflationary concerns continue to fuel hawkish Fed expectations, lending additional support to the buck ahead of the US CPI report. Adding to this, reduced bets on an RBA rate hike in June cap the currency pair.

USD/JPY sits near 160.50 intervention zone as bulls shrug off Japan's strong PPI

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Gold flirts with $4,200, lowest since March 23 on hawkish Fed bets

Gold drops to a fresh low since March 23, around the $4,200 mark during the Asian session on Wednesday, as fresh US strikes on Iran fuel inflationary concerns and bolster bets for more hawkish central banks, including the US Fed. Meanwhile, US Dollar bulls are turning cautious ahead of the US CPI report, which could limit bullion losses. However, the recent breakdown below the 200-day SMA suggests that the path of least resistance for the XAU/USD is to the downside.

Bitcoin sell-off pushes over 50% of circulating supply into loss, hinting at market bottom

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When the chips are down, the AI tape starts to shake

The market came into Tuesday trying to sell investors the comforting ”Turnaround Tuesday” idea that Friday’s AI fracture was just another pothole on the road higher. By the close, that story had lost its bid. Monday’s dead cat bounce had done what dead cat bounces always do.

The US economy defies the rules: 100 days into the Oil shock and the recession signal is still missing

More than three months after the start of the Iran war and the resulting disruption to global energy markets, the US economy continues to display remarkable resilience. The conflict has triggered a sharp rise in Oil prices, reignited inflationary pressures and fueled widespread concerns about a potential economic slowdown.

Elliott Wave Trading Strategies: DAX 40, FTSE 100, STOXX 50, DXY, and EUR/USD [Video]

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