24Mar

INSURANCE AUSTRALIA GROUP LIMITED – IAG Stock Analysis & Elliott Wave Technical Forecast Trends, and Market Outlook 2025

ASX: INSURANCE AUSTRALIA GROUP LIMITED – IAG Elliott Wave Technical Analysis – TradingLounge

Greetings,

Today’s Elliott Wave technical outlook highlights developments in the Australian Stock Exchange (ASX), specifically analyzing INSURANCE AUSTRALIA GROUP LIMITED – IAG.

Current analysis indicates that ASX:IAG continues within a corrective wave pattern, with a potential for a minor decline before a probable upward price reaction.


ASX: INSURANCE AUSTRALIA GROUP LIMITED – IAG Elliott Wave Technical Analysis 1D Chart (Semilog Scale) Analysis

Function: Major trend (Primary degree, navy)

Mode: Motive

Structure: Impulse

Position: Wave B - grey of Wave (4) - orange

Details:

Wave (4) - orange is developing lower after completing wave (3) - orange. The market may continue trending down, possibly aligning with the 38.2% Fibonacci retracement level. At this point, wave A - grey appears finalized, while wave B - grey moves slightly upward.

Invalidation Point: 7.40

INSURANCE-AUSTRALIA-...


ASX: INSURANCE AUSTRALIA GROUP LIMITED – IAG Elliott Wave Technical Analysis – TradingLounge 4-Hour Chart

Function: Major trend (Intermediate degree, orange)

Mode: Motive

Structure: Impulse

Position: Wave ((c)) - navy of Wave B - grey

Details:

In the 4-hour chart view, wave B - grey is unfolding as a Flat correction, labeled as ((a))((b))((c)) - navy. Wave ((B)) - navy has recently ended, and wave ((c)) - navy is now advancing, potentially targeting between 8,063 and 8,271.

If the price falls below 7.400, it will likely indicate the beginning of wave C - grey, suggesting a bearish trend formation.

Invalidation Point: 7.400

Technical Analyst: Hua (Shane) Cuong, CEWA-M (Master’s Designation).

Source: Visit Tradinglounge.com and learn from the Experts. Join TradingLounge Here 

See Previous: NEWS CORPORATION – NWS Elliott Wave Technical Analysis

VALUE Offer - Buy 1 Month & Get 3 Months!Click here

Access 7 Analysts Over 200 Markets Covered. Chat Room With Support

INSURANCE-AUSTRALIA-...


Conclusion:

This Elliott Wave analysis delivers a focused outlook for ASX: INSURANCE AUSTRALIA GROUP LIMITED – IAG, emphasizing near-term price behavior and potential trading opportunities. The wave structure offers key validation zones for market participants, enabling a more confident and strategic trading approach based on technical wave forecasting.

Related

NZDUSD Elliott Wave Technical Analysis: Bullish Wave 3 Momentum and Price Forecast on Daily and 4-Hour Forex Charts

NZDUSD Elliott Wave Technical Analysis: Bullish Wave 3 Momentum and Price Forecast on Daily and 4-Hour Forex Charts

Analyse NZDUSD’s Elliott Wave structure with our updated daily and 4-hour forecast. Discover wave 3...

Read More >
Copper Elliott Wave Analysis: Technical Forecast with Bullish Outlook, Support Levels & Market Trends for Smart Trading Strategy

Copper Elliott Wave Analysis: Technical Forecast with Bullish Outlook, Support Levels & Market Trends for Smart Trading Strategy

This analysis provides a Copper Elliott Wave forecast with detailed technical insights, market trend...

Read More >
ASX Trading Success: WISETECH GLOBAL LIMITED – WTC Stock Analysis & Elliott Wave Technical Forecast

ASX Trading Success: WISETECH GLOBAL LIMITED – WTC Stock Analysis & Elliott Wave Technical Forecast

This article provides an up-to-date Elliott Wave analysis of WiseTech Global Limited (WTC) on the Au...

Read More >
U.S. Dollar / Swiss Franc (USDCHF) Elliott Wave Forecast: Bearish Trend Analysis with Impulse Wave 3, Short Trade Setups

U.S. Dollar / Swiss Franc (USDCHF) Elliott Wave Forecast: Bearish Trend Analysis with Impulse Wave 3, Short Trade Setups

USDCHF Elliott Wave forecast, highlighting a strong bearish trend. With wave 3 in play on both the d...

Read More >
 Bitcoin Elliott Wave Analysis: BTCUSD Chart Breakdown for Optimized Trading Strategies and Accurate Price Predictions

Bitcoin Elliott Wave Analysis: BTCUSD Chart Breakdown for Optimized Trading Strategies and Accurate Price Predictions

This analysis provides an in-depth look at Bitcoin's Elliott Wave patterns, focusing on BTCUSD&#...

Read More >
ASX MINERAL RESOURCES LIMITED Elliott Wave Technical Analysis: MIN Set for Bullish Fifth‑Wave Rally with Key Invalidation Levels in Place

ASX MINERAL RESOURCES LIMITED Elliott Wave Technical Analysis: MIN Set for Bullish Fifth‑Wave Rally with Key Invalidation Levels in Place

Elliott Wave review on ASX: MIN reveals bullish fifth-wave potential. Key targets: $50–80, invalid...

Read More >

$1 for 2 Weeks

then $29 a month!

What a Special Offer!

Trade Recommendations

Unleash the power of deversified trading with our comprehensive portfolio, covering 250+ markets:

  • Stock Trades
  • Crypto Trades
  • Forex Trades
  • Commodity Trades
Elliott Wave Analysis

Gain a competitive edge with expert insights and AI-powered Elliott Wave charting into:

  • Global Indices
  • US Stocks & ASX Stocks
  • Forex & Crypto
  • Commodities
Top-Notch Trading Tools

Equip yourself with the tools of success:

  • Real-time Chat rooms
  • Elliott Wave Algorithm
  • Portfolio tools
  • TradingLevels
  • Screener
  • Trading Game
7 Elliott Wave Analysts

Stay ahead of the market with daily charts and insightful videos
Your secret to strategic trading!

JOIN HERE


Welcome to TradingLounge (ASIC A.R.No. 321187), specialists in trades, trading education and technical analysis, covering stocks, indices, commodities, forex and cryptocurrencies.

When you join TradingLounge you have access to everything we offer, including trade tools, educational content and a social platform to chat with like-minded investors.

Read more

@Copyright 2024 by tradinglounge.com

Contact Us

Australian no: 02 4787 6020

International no: +61 (2) 47876020

Pay with:

Find us on