07Feb

Commodity Market Elliott Wave Analysis: Bitcoin, Dollar, Gold, Silver, and Crude Oil Insights

Commodity Markets: Bitcoin, DXY, Gold, Silver, Iron Ore, Copper, Uranium, Oil, Gas. Elliott Wave
In this latest Elliott Wave analysis update for the commodity market, we delve into the potential movements of Bitcoin, the Dollar, Gold, Silver, and Crude Oil. Understanding these patterns not only provides insights for traders but also optimizes search engine visibility for relevant queries.

Bitcoin Outlook: A Break Above 43,500 Could Signal Long Trades in Cryptos like DOT and AVE
Bitcoin's trajectory remains pivotal as it approaches the crucial threshold of 43,500. A bullish move beyond this level may not only pave the way for Bitcoin's ascent but also trigger long trades in other cryptocurrencies such as DOT and AVE. 

Dollar Assessment: Navigating Dual Wave Counts Impacting FX Pairs and Metals
The Dollar's trajectory presents a unique challenge as we navigate through two distinct wave counts. While this may complicate analysis, it significantly influences FX pairs and metals. Acknowledging this dual perspective is imperative for informed trading decisions.

Gold and Silver: Expect Downward Pressure Amid Dollar Strength
Gold and silver markets are poised to face downward pressure, driven by the anticipated strengthening of the Dollar. This correlation underscores the importance of monitoring currency movements for precious metal investors.

Crude Oil Analysis: Assessing Dual Counts Amidst Dollar's Ascendancy
In the realm of crude oil, we confront dual wave counts while also considering the Dollar's ascent. This comprehensive approach allows us to gauge the potential impact of currency dynamics on crude oil prices.

Video Chapters
00:00  NASDAQ 100 (NDX)
04:42  Apple (AAPL)
07:51 Amazon (AMZN)
10:10 Meta Platforms (META)
12:06 NVIDIA (NVDA)
16:52 Netflix (NFLX) 
18:51Alphabet (GOOGL)
21:30 Microsoft MSFT
22:59 Tesla (TSLA)
23:58 End

Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817
Source: tradinglounge.com  Join & Learn from Experts

See previous Commodity Market Video

Related

Precise Market Analysis to Enhance Your AUDJPY Trading Strategy: Australian Dollar/Japanese Yen Elliott Wave Technical Analysis

Precise Market Analysis to Enhance Your AUDJPY Trading Strategy: Australian Dollar/Japanese Yen Elliott Wave Technical Analysis

Dive into a comprehensive analysis of the Australian Dollar/Japanese Yen (AUDJPY) using Elliott Wave...

Read More >
Elliott Wave Technical Analysis for AbbVie Stock: Forecast, Price Prediction, and Trading Opportunities

Elliott Wave Technical Analysis for AbbVie Stock: Forecast, Price Prediction, and Trading Opportunities

This detailed AbbVie stock analysis applies Elliott Wave theory to assess the stock's current pr...

Read More >
Corn Commodity Elliott Wave Technical Analysis: Market Outlook for Precise Trading Decisions

Corn Commodity Elliott Wave Technical Analysis: Market Outlook for Precise Trading Decisions

Corn futures continue to follow a bearish Elliott Wave pattern, with key resistance at 504.5 and pot...

Read More >
COAL INDIA Indian Stocks Elliott Wave Technical Analysis: Daily & Weekly Stock Forecast with Key Wave Signals

COAL INDIA Indian Stocks Elliott Wave Technical Analysis: Daily & Weekly Stock Forecast with Key Wave Signals

This article delivers a complete Elliott Wave analysis of COAL INDIA, detailing the stock's corr...

Read More >
United Health Group Inc.(UNH:NYSE) Elliott Wave Technical Analysis 19 December 23

United Health Group Inc.(UNH:NYSE) Elliott Wave Technical Analysis 19 December 23

United Health Group Inc.(UNH: NYSE) Elliott Wave Technical Analysis 4-hour and 1-hour Chart dated 19...

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