TRENDING:

XAU/USD

EUR/USD

GBP/USD

Silver

Newsletter

Elliott Wave analysis: Insights & strategies [Video]

Peter Mathers TradingLounge

Stock Market Report S&P 500, NASDAQ 100, RUSSELL 2000, DAX 40, FTSE 100, ASX 200. Elliott Wave Technical Analysis
Elliott Wave Update: Jobless Claims Thursday. Current Elliott wave ii) correction incomplete but anticipated to finish soon. Concerns of SP500 and Nasdaq being dragged down, risking Wave ii) correction to 5000 and 18,000 respectively. Waiting for potential long trade setup late Thursday or Friday morning. Overall bullish trend intact; aiming to buy new highs to capture upside potential indicated by big tech stocks. Patience is key.

Video Chapters
00:00 SP 500 (SPX)
07:04 NASDAQ (NDX)
11:44 Russell 2000 (RUT)
14:26 DAX 40 (DAX)
17:35 FTSE 100 UKX (UK100)
18:33 ASX 200 (XJO)
21:55 End

Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817
Source: tradinglounge com

Author

Peter Mathers

TradingLounge

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

Cardano Price Forecast: Rally pauses as mixed metrics flag caution

Cardano shows signs of consolidation, trading below $0.260 after an 11% gain the previous week. Mixed derivatives and on-chain metrics point to caution among traders. Meanwhile, the technical outlook suggests bullish sentiment remains, but ADA’s near-term direction remains uncertain. Derivatives data shows a mixed and cautious outlook among Cardano traders.

Meme Coins Price Prediction: Dogecoin, Shiba Inu, and Pepe – Bullish trend in works

Meme coins including Dogecoin, Shiba Inu, and Pepe make a soft start on Monday as key resistance levels capped gains last week. The technical outlook for DOGE, SHIB, and PEPE indicates a mixed bias, as prices remain above their 200-day EMA while momentum wanes.

Top 3 Price Prediction: BTC takes a breather, ETH faces pullback, XRP consolidates

Bitcoin, Ethereum, and Ripple take a breather at the start of the week after their recent gains last week. BTC pulls back, trading below $83,600 while ETH extends its losses, trading below $2,700, and XRP consolidates around $1.500. The price action of these top three cryptocurrencies suggests a mild pullback or consolidation as traders assess their next direction.

NEAR reclaims $5 as Bitwise ETF clears key regulatory hurdle

NEAR Protocol’s native token climbed above $5 extending a sharp multi-week rally as progress on a proposed Bitwise exchange-traded fund coincided with growing activity across the network’s ecosystem. The US Securities and Exchange Commission declared Bitwise’s registration statement for the NEAR ETF effective, clearing a key regulatory step for the proposed product.

Bitcoin: BTC consolidates gains as ETF inflows hit highest level since October 2025

Bitcoin (BTC) price holds above $84,000 at the time of writing on Friday as it consolidates gains of over 4% so far this week. Institutional demand supports the bullish outlook, with spot Exchange Traded Funds (ETFs) recording a net inflow of $2.25 billion through Thursday, pointing to the highest weekly inflow since October 2025.

Elliott Wave analysis: Insights & strategies [Video]

Broker Reviews

MT4 Charts and how to customise them

How to use MetaTrader on iPhone: MT4 for iOS guide

What time does the Gold market open? Gold trading hours

All Gold trading strategies you need to know

Position sizing after a loss: Why the buffer matters more than the stop

We built the guillotine

Editor's Picks