Stock Market Report S&P 500, NASDAQ 100, RUSSELL 2000, DAX 40, FTSE 100, ASX 200.
Elliott Wave Technical Analysis
Update on Elliott Wave Analysis: Continue to build long positions through the TradingLevels in all Indices.The Elliott wave trend for the
SP500 and Nasdaq 100 is from the large tech stocks, so we have a very clean consensus of the Elliott wave count and can expect this trend to continue well into next week and probably longer as Elliott Wave Minor 5
Video Chapters
00:00 SP 500 (SPX)
04:30 NASDAQ (NDX)
07:12 Russell 2000 (RUT)
08:51 DAX 40 (DAX)
10:48 FTSE 100 UKX (UK100)
14:06 ASX 200 (XJO)
16:17 End
Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence – AFSL 317817
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Editors’ Picks
AUD/USD now retargets 0.6600 and above
[]https://www.fxstreet.com/currencies/audusd
AUD/USD managed to finally leave behind some of its recent weakness, advancing to the upper-0.6500s on the back of the sell-off in the Greenback and prior to the publication of the Australian jobs report.
AUD/USD News
EUR/USD surpassed 1.0900 on dovish Powell
[]https://www.fxstreet.com/currencies/eurusd
EUR/USD rose past the key 1.0900 barrier fuelled by the strong downside pressure in the Greenback after the Fed left its rates unchanged and signalled three rate cuts this year.
EUR/USD News
Gold shifts its focus to its all-time high near $2,200
[]https://www.fxstreet.com/markets/commodities/metals/gold
Gold finds renewed space to maneuver, shrugging off some of its recent weakness and bouncing back past the $2,180 mark per troy ounce following the Fed’s decision to keep its policy rates unchanged and the dovish tone from Chair Powell.
Gold News
Bitcoin price could extend its fall below $60K as market expectations for volatility skyrocket
Bitcoin (BTC) price has shed some of the ground that had been covered in the past few days, amid profit taking as realized profit among BTC holders skyrockets.
Read more
Australia Employment report Preview: Small uptick in unemployment rate unlikely to bother RBA
The Australian Unemployment Rate is expected to have eased to 4% in February.Employment Change is foreseen to bounce after January’s disappointing 0.5K increase.
AUD/USD turned marginally bullish near-term following the Federal Reserve’s decision.
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