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10/06/21 10:53
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Charting the Markets: 24 March The FTSE 100, DAX 40 and Nasdaq 100 slide on renewed banking woes while EUR/USD, EUR/GBP and GBP/USD drop as the US dollar, gold appreciate due to flight-to-quality flows. Crude oil and copper tumble on recession fears. Axel Rudolph FSTA | Senior Financial Analyst, London | Publication date: Friday 24 March 2023 This is here for you to catch up but if you have any ideas on markets or events you want us to relay to the TV team we’re more than happy to. -
By DominicWalsh · Posted
Market Breakdown | WTI Oil, EURUSD, GBPNZD, EURAUDHere are the updates & outlook for multiple instruments in my watchlist.1️⃣ WTI Oil daily time frame️The market is trading in a long term bearish trend .After the last sharp bearish movement, the market is steadily recovering.Ahead, I see a major horizontal supply area.Probabilities are high, that the next bearish wave will initiate from there.2️⃣ EURUSD daily time frameAfter a breakout of a solid daily resistance, the market is preparing for its retest.Watch carefully the underlined zone and look for buying opportunities from there.3️⃣ EURAUD weekly time frameThe pair is currently approaching a weekly horizontal resistance cluster.Taking into consideration, that the pair is quite overbought, probabilities will be high to see a pullback from that4️⃣ GBPNZD daily time frameThe pair is currently retesting a broken neckline of an ascending triangle . As we discussed earlier, the trend line of a triangle and its neckline compose a contracting buy zone now.Chances will be high that the next bullish wave will initiate quite soon.For Additional confirmation use: Divergence Indicators -
By DominicWalsh · Posted
#CHFJPY: Classic Bearish Setup 🇨🇭🇯🇵 🔻CHFJPY has nicely respected a confluence zone based on a horizontal 4H resistance and a 0.5 retracement of the last bearish impulse. The price formed a double top pattern on that and broke its neckline. Probabilities will be high that the pair will drop lower soon. Goals: 141.172 / 140.363
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Question
Guest Leo
There is a problem with the IG trading platform that is causing constant frustration and it is about Timing. The signals link brings up trading suggestions and provides the time the suggestions were determined but the time provided is not specified. Its like looking at an architectural or engineering design that does not show the units of measurement used.
It would not tike much to assign the time and date and country that the times apply to. When one trades across different time zones this matter fosters confusion particularly when buying or selling is urgent. The plattform should be designed to allow one to see the time of the signals info and the time on the charts to be in the same time zone. This is such an obvious need that only IT designers are unable to see.
Than there is the other silly presentation. If one is trading in Australian dollars one should expect to see the position in all pairs in Australian dollars. This ofcourse is not the case with all pairs traded. Try finding the logic here.
These issues have been brought to IGs attention to no avail.
The question here is does IG have a customer centered management perspective and will they take on board customer improvement suggestions in the near future.
IN the past week or so no signals information is provided without explanation not even by their customer service. What is going on here. One can only conclude that frpm late November onwards the signals info will not be provided. Is this the right answer here?
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