AUD/USD gains for third week amid RBA's hawkish stance and upcoming CPI report
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By tradinglounge · Posted
IBEX 35 (Spain) Elliott Wave Analysis Trading Lounge Day Chart IBEX 35 Daily Chart Analysis IBEX 35 Elliott Wave Technical Analysis Function: Bullish Trend Mode: Impulsive Structure: Gray Wave 3 Position: Orange Wave 3 Direction (Next Higher Degrees): Gray Wave 3 (Initiated) Details: Gray Wave 2 appears completed, and Gray Wave 3 within Orange Wave 3 is in progress. Wave Cancel Invalidation Level: 11,295.17 Analysis Overview The daily chart for IBEX 35 presents Elliott Wave analysis indicating a bullish trend. The current wave structure identifies Gray Wave 3, which forms part of an impulsive sequence. Within this structure, Orange Wave 3 is advancing, signaling sustained upward momentum. Wave Analysis and Progression Completion of Gray Wave 2: The analysis suggests that Gray Wave 2 has likely concluded, marking the start of Gray Wave 3 within Orange Wave 3. This phase aligns with Elliott Wave Theory, which uses wave patterns to project market movements. Development of Gray Wave 3: The impulsive nature of this wave indicates a strong bullish phase with potential for further gains as the market progresses. Invalidation Level A critical invalidation level is identified at 11,295.17. If the market moves below this threshold, the current wave structure would need reassessment, potentially indicating a shift away from the expected bullish scenario. Trading Insights This analysis provides traders with a comprehensive framework to interpret the bullish momentum within the IBEX 35 market. By emphasizing key levels and directional trends, it outlines the continuation of the upward trajectory as the impulsive wave structure unfolds. The invalidation level serves as a critical marker for monitoring potential changes in market direction. For traders, this detailed wave analysis offers actionable insights into probable market behavior, supporting informed trading strategies in line with Elliott Wave principles. IBEX 35 (Spain) Elliott Wave Analysis Trading Lounge Weekly Chart IBEX 35 Weekly Chart Analysis IBEX 35 Elliott Wave Technical Analysis Function: Bullish Trend Mode: Impulsive Structure: Gray Wave 3 Position: Orange Wave 3 Direction (Next Higher Degrees): Gray Wave 3 (Initiated) Details: Gray Wave 2 appears completed, and Gray Wave 3 within Orange Wave 3 is in progress. Wave Cancel Invalidation Level: 10,289.18 Analysis Overview The weekly chart for IBEX 35 presents Elliott Wave analysis highlighting a bullish trend. The current wave structure identifies Gray Wave 3, which is part of a larger impulsive sequence. Within this framework, Orange Wave 3 is advancing, signaling a continuation of the upward trajectory. Wave Analysis and Progression Completion of Gray Wave 2: The analysis indicates that Gray Wave 2 has likely concluded, leading to the progression of Gray Wave 3 within Orange Wave 3. This development aligns with Elliott Wave Theory, which utilizes wave patterns to forecast market movements. Development of Gray Wave 3: The ongoing impulsive movement reflects a robust bullish phase, with potential for further gains as the wave unfolds. Invalidation Level An invalidation level is set at 10,289.18. If the market falls below this threshold, the current wave structure would need reevaluation, possibly signaling a deviation from the anticipated bullish outlook. Trading Insights This analysis offers traders a comprehensive framework to interpret the IBEX 35’s bullish momentum. By emphasizing critical levels and directional trends, it highlights the continuation of the upward movement as the impulsive wave structure develops. The invalidation level provides a key reference point for monitoring potential changes in market dynamics. For traders, the detailed examination of Gray Wave 3 offers actionable insights for informed decision-making, consistent with Elliott Wave principles. Technical Analyst : Malik Awais Source : Tradinglounge.com get trial here! -
Sometimes, the best ideas don’t scream for attention, they quietly build in the background, and by the time people notice, they’re already foundational. That’s the vibe I’m getting from ABDS Token. Unlike most projects, ABDS isn’t here to dazzle you with buzzwords or hype. It’s tied to ABD Systems, a company with over 13 years of experience in IT solutions. Think about that for a moment, how often do you see a crypto token backed by a company that’s been building real-world systems for over a decade? For me, that’s a signal worth paying attention to. Here’s why it matters: Most tokens focus on creating new ecosystems from scratch, but ABDS flips the script. Instead, it integrates into an existing tech ecosystem that already serves businesses. It’s not just creating utility for the sake of crypto, it’s expanding the utility of ABD Systems’ tech offerings. That’s a subtle but powerful distinction. What’s even more intriguing is their focus on simplifying digital transactions. Crypto adoption is often slowed by how intimidating the space feels for newcomers. ABDS is aiming to close that gap by combining ease of use with enhanced security, two things that are sorely needed in this industry. For businesses and users already plugged into ABD Systems, the transition into crypto feels more natural than forced. But this isn’t just about utility, it’s about trust. ABD Systems has been doing IT work for years, which means they’ve got a reputation to protect. That level of accountability is rare in the crypto world, where many projects are faceless and transient. Here’s the way I see it: ABDS isn’t trying to reinvent the wheel; it’s improving the axle that already keeps the wheel turning. It’s not about hype, it’s about solving real problems, making crypto adoption simpler, safer, and more meaningful for everyday users and businesses alike. I’m curious to see how this project evolves. Will ABDS be one of those tokens that quietly transforms how we think about digital finance? Maybe. Either way, it’s refreshing to see a project that feels grounded in purpose rather than just chasing trends. For information; https://x.com/abdsystems/status/1863940821491593650?s=46&t=DQJcWEIrVmFfb9WBsX2UwA What do you think, is this the kind of project that could bridge the gap between traditional systems and blockchain? Let’s discus : -
By tradinglounge · Posted
USDJPY Elliott Wave Analysis Trading Lounge U.S. Dollar/Japanese Yen (USDJPY) Day Chart Analysis USDJPY Elliott Wave Technical Analysis Function: Bullish Trend Mode: Impulsive Structure: Navy Blue Wave 3 Position: Gray Wave 1 Direction (Next Higher Degrees): Navy Blue Wave 3 (Initiated) Details: Navy Blue Wave 2 appears completed, and Navy Blue Wave 3 is currently in progress. Wave Cancel Invalidation Level: 139.504 Analysis Overview The daily chart for USDJPY applies Elliott Wave analysis to highlight a bullish trend. The current wave structure identifies Navy Blue Wave 3, progressing within an impulsive framework. Within this sequence, Gray Wave 1 is positioned, signifying the early stage of the broader bullish movement. Wave Analysis and Progression Completion of Navy Blue Wave 2: The analysis suggests that Navy Blue Wave 2 has likely concluded. This sets the stage for the advancement of Navy Blue Wave 3. Development of Navy Blue Wave 3: The progression of this wave aligns with Elliott Wave Theory, which tracks patterns in waves to project market trends. The ongoing momentum reflects a strong upward trajectory, resonating with the overall bullish outlook. Invalidation Level An invalidation level is identified at 139.504. If the market drops below this level, the current wave count would require reassessment. Such a drop could indicate a deviation from the projected bullish trend. Trading Insights This analysis provides traders with a structured framework to interpret the market’s upward movement. By focusing on wave patterns and key levels, it underscores the continuation of the bullish momentum within the impulsive sequence. The invalidation level serves as a critical marker for potential shifts in the market trend. For traders, the detailed examination of Navy Blue Wave 3 offers insights into probable market behavior, enabling well-informed trading strategies in alignment with Elliott Wave principles. U.S. Dollar/Japanese Yen (USDJPY) 4-Hour Chart Analysis USDJPY Elliott Wave Technical Analysis Function: Bullish Trend Mode: Impulsive Structure: Orange Wave 1 Position: Navy Blue Wave 3 Direction (Next Lower Degrees): Orange Wave 2 Details: Navy Blue Wave 2 appears completed, and Orange Wave 1 of Navy Blue Wave 3 is currently in play. Wave Cancel Invalidation Level: 139.504 Analysis Overview The 4-hour chart for USDJPY applies Elliott Wave analysis to showcase a bullish trend. The current wave structure identifies Orange Wave 1, which forms a part of the broader Navy Blue Wave 3. This analysis suggests that Navy Blue Wave 2 has likely concluded, paving the way for the progression of Orange Wave 1 within the impulsive framework. Wave Analysis and Progression Initiation of Orange Wave 1: The analysis indicates the beginning of Orange Wave 1, aligning with the principles of Elliott Wave Theory. This theory recognizes repetitive wave patterns to predict market behaviors. The advancement of Orange Wave 1 signals the early phase of Navy Blue Wave 3. Bullish Momentum: The ongoing wave development reflects strong upward momentum, supporting the broader bullish outlook. Invalidation Level A critical invalidation level is set at 139.504. Should the market dip below this level, the current wave structure would need to be reassessed, potentially signaling a departure from the expected bullish trajectory. Trading Insights This analysis provides a detailed framework for traders to interpret the market’s bullish trend. By focusing on key levels and directional movement, it highlights the potential for continued upward momentum as the impulsive wave sequence unfolds. The invalidation level serves as an essential reference point for monitoring potential shifts in market dynamics. For traders, the outlined wave structure and progression offer a valuable basis for informed decision-making, consistent with Elliott Wave principles. Technical Analyst : Malik Awais Source : Tradinglounge.com get trial here!
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