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10/06/21 10:53
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Asian equities suffered their worst day in three months overnight, retreating on a broad front as markets reacted to the impressive US NFP reading last week. The huge number of jobs created, and the lowest unemployment level in over half a century poured cold water on the idea that the Fed would pause its hiking efforts, although expectations for the terminal rate only ticked up to 5% from 4.9%. In the UK the FTSE 100 remains close to its new record high, continuing its strong run versus other indices. Oil prices have edged higher after hitting a four-week low on Friday in the wake of the NFP report, but this appears to be a brief respite. A quiet start to the week sees just the Canadian Ivey PMI on the calendar of notable events.
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For more up to date news on how markets will open, the latest earnings and economic news, watch IGTV live in the platform at 07:30am UK. Today’s coverage: Indices: Europe expected down today after FT100 record on Friday. Techs biggest decliners on Wall St FX: USD holds recent gains after very strong NFP data on Friday. Traders working out this week’s direction. UK GDP on Friday possibly the big data of the week Equities: Earnings begin to slow down…this week DIS & UBER the big ones Commods: Gold up after 2 heafty days of declines
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By tradinglounge · Posted
Elliott Wave Analysis TradingLounge Daily Chart, 6 February 23, AAVE /U.S.dollar(AAVEUSD) AAVEUSD Elliott Wave Technical Analysis Function: Counter trend Mode: Motive Structure: Impulse Position: Wave ((2)) Direction Next higher Degrees: Wave III of Motive Wave Cancel invalid Level: 50.173 AAVE /U.S.dollar(AAVEUSD)Trading Strategy: AAVE token has recovered well from the 50.40 level and managed to cross the MA200 line, indicating that an uptrend is forming. The Elliottwave structure is in a correction of wave (2) as a short-term decline before the price rises. again AAVE /U.S.dollar(AAVEUSD) Technical Indicators: The price is above the MA200 indicating an uptrend. The wave oscillators above Zero-Line momentum are bullish TradingLounge Analyst: Kittiampon Somboonsod Elliott Wave Analysis TradingLounge 4H Chart, 6 February 23, AAVE /U.S.dollar(AAVEUSD) AAVEUSD Elliott Wave Technical Analysis Function: Counter trend Mode: Motive Structure: Impulse Position: Wave ((2)) Direction Next higher Degrees: Wave III of Motive Wave Cancel invalid Level: 50.173 AAVE /U.S.dollar(AAVEUSD) Trading Strategy: AAVE token has recovered well from the 50.40 level and managed to cross the MA200 line, indicating that an uptrend is forming. The Elliottwave structure is in a correction of wave (2) as a short-term decline before the price rises. again. AAVE /U.S.dollar(AAVEUSD)Technical Indicators: The price is above the MA200, indicating an uptrend. The wave oscillators below Zero-Line Bearish momentum.
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Question
Caseynotes
So, in spite of, and after 5 years keeping to IG's minimum requirement for access to PRT charts they have stopped my access and directed me to the new platform charts which are clearly, obviously, so basic as to be laughable. MT4 has a higher standard. But where to now for IG. Charting for IG is clearly not a priority.
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