ASX200, CBA, ANZ, BHP, RIO, FMG & AUDUSD Elliott Wave Analysis [Video]

Peter Mathers TradingLounge

ASX 200 Index, AUDUSD, CBA, ANZ, BHP, RIO & FMG Technical Analysis Elliott Wave Trading Strategies.

ASX200 Overview:ASX200 Elliott Wave Triangle pattern Wave a) of D of (4). Bringing the ASX200 wave count in line with CBA and the US Indices.
Video Chapters:
00:00 ASX200.
09:44 Banks Stocks CBA ANZ.
14:12 Resource stocks BHP FMG RIO.
28:46 AUDUSD.
30:14 Thanks for watching TradingLounge Analysis.

ASX 200 Index Overview: Bullish Corrective pattern Wave (4).
ASX200 Elliott Wave Wave Waiting to confirm wave structure, however if 7500 becomes the tested support then long trades are on.
ASX200 Trading Strategy: Neutral.

Australian ASX Stocks Elliott Wave Analysis:
CBA: Elliott Wave a) of B of (2)/(4)
ANZ: Elliott Wave (4) completed, requires confirmation
BHP FMG RIO Risk Off and stops moved to protect profits

Premium

You have reached your limit of 3 free articles for this month.

Start your subscription and get access to all our original articles.

Subscribe to Premium Sign In

Author

Peter Mathers

TradingLounge

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

EUR/USD holds above 1.1800 after German sentiment data

EUR/USD stays in positive territory above 1.1800 on Monday after the data from Germany highlighted a modest improvement in business sentiment in February. Meanwhile, the US Dollar stays under pressure amid growing unceratinty surrounding the US trade regime, allowing the pair to hold its ground.

GBP/USD rises toward 1.3550 as tariff confusion slams USD

GBP/USD extends the advance toward 1.3550 on Monday. The US Dollar faces intense selling pressure as tariff uncertainty lingers following US President Trump's latest announcement. Traders will take more cues from the broader market sentiment and central bank talks.

Gold climbs above $5,100 on broad USD weakness

Gold sticks to its bullish bias near the monthly above $5,100 on Monday. Renewed trade-war fears, along with rising geopolitical tensions in the Middle East, turn out to be key factors that underpin the safe-haven precious metal and validate the constructive outlook.

Cardano braces for impact as US tariff storm brews

Cardano is down 4% at press time on Monday, entering its third consecutive day of decline. Bearish bias in Cardano’s derivatives market positional buildup aligns with rising pressure on the broader cryptocurrencymarket amid US President Donald Trump's reassessment of global tariffs and domestic conflict with the US Supreme Court.

Supreme Court nixes tariffs, Trump teases 15% global tariff

On February 20th, the Supreme Court ruled that Trump’s global tariffs under IEEPA authority were unconstitutional, effectively nullifying the framework. However, the relief was short-lived. Within hours, Trump floated a 15% blanket tariff under an alternative legal authority.

Top Crypto Losers: Zcash, Pump.fun, and LayerZero extended losses as Bitcoin loses $65,000

The cryptocurrency market starts the week in panic mode, with altcoins Zcash, Pump.fun, and LayerZero. Bitcoin falls below $65,000 as the US President Donald Trump regroups amid renewed trade policy risks.