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Top content from across the community, hand-picked by us.

MetaTrader 4 help: Charts Customization
MongiIG posted a blog entry in IG Product Updates,
Appearance and properties of each chart in the terminal can be set up individually.
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MongiIG,Crude Oil Overview: OPEC+ Agrees on Output Increase, Oil’s Sharp sell-off Analyzed
MongiIG posted a blog entry in Market News,
Brent crude oil’s sharp sell-off and recovery after OPEC+ stick with January plan but reserve the right to alter the decision.
Oil recovers from sharp sell-off as key long-term trendline remains intact.
IG Client Sentiment ‘mixed’ once more despite even larger net long positioning than previously.
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MongiIG,
European stocks climb, looking for a positive end to a tumultuous week
MongiIG posted a blog entry in Market News,
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MongiIG,
Dow Attempts Recovery, Nasdaq 100 Still in Reversal Pattern with NFPs and Seasonality at Play
MongiIG posted a blog entry in Market News,
Following Wednesday’s broad risk tumble, the Dow, S&P 500 and Nasdaq put in for a stiff bounce this past session.
Volatility is the dangerous undercurrent that persists, so a steady course through the final day of trade this week could go far towards restoring ‘seasonal’ norms.
Top event risk from a headlines perspective Friday is the November NFPs, but I place greater weight on the ISM services update as the yield curve slides.
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MongiIG,
EUR/USD Contained Ahead of NFP but Remains Sensitive to ‘Hawkish/Dovish’ Narrative Swings
MongiIG posted a blog entry in Market News,
EUR/USD calmer ahead of US NFP data and Euro sentiment data next week.
The currency pair looks to test key resistance (prior support).
IG Client Sentiment ‘mixed’ despite significant net long positioning.
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MongiIG,
Turkish Lira (TRY) Exposed Stocks to Watch as Volatility Reaches Crisis Highs
MongiIG posted a blog entry in Market News,
Unorthodox Monetary Policy View to See TRY Remain in a Downward Spiral.
Turkish Lira Implied Volatility Highest Since 2018 Currency Crisis.
Spain Most Exposed to Turkish Lira Weakness.
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MongiIG,.jpg.bf4bb4c0a234b2ddf09226cac6bb3e23.jpg)
British Pound (GBP) Price Outlook: GBP/USD Challenging Support
MongiIG posted a blog entry in Market News,
GBP/USD weakness looks set to continue as the financial markets remain jittery after news that the first case of the Omicron variant of Covid-19 in the US has been found, suggesting it is still spreading.
A hawkish Federal Reserve chair, who has reiterated that a faster taper of US stimulus than previously expected is now on the cards, is not helping either.
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MongiIG,
Dow Jones to Test 200-day Moving Average: US Indices Technical Outlook
MongiIG posted a blog entry in Market News,
S&P 500 rolling over towards old high, support.
Dow Jones about to test the 200-day moving average.
Dow Jones weaker, may test prior summer record high.
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MongiIG,
British Pound (GBP) Outlook: GBP/USD in The Grip of Lower Highs and Lower Lows
MongiIG posted a blog entry in Market News,
Fed chair Jerome Powell rattled GBP/USD lower on Tuesday.
A pattern of lower highs and lower lows remains in place.
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MongiIG,
British Pound (GBP) Price Outlook: EUR/GBP Rally May Run Out of Steam
MongiIG posted a blog entry in Market News,
EUR/GBP will likely slip back after its rally over the past few days as the Euro was boosted by concerns about the Omicron variant of Covid-19 and whether existing vaccines will be effective against it.
Meanwhile, a reshuffle of the UK Labour Party’s shadow Cabinet should have little impact on GBP even though opinion polls show Labour neck-and-neck with the ruling Conservatives.
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MongiIG,Crude Oil Prices Sink as Moderna CEO Warns on Omicron Ahead of OPEC+. Where To for WTI?
MongiIG posted a blog entry in Market News,
Crude oil prices tanked as risk-off sentiment resumed in Asia today.
APAC equities were doing ok until a report questioned the efficacy of vaccines.
OPEC+ could be a non-event on Thursday now. Will crude continue lower?
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MongiIG,Covid Worries Don’t Capsize Markets Just Yet, But Watch the Dow and US Dollar
MongiIG posted a blog entry in Market News,
The S&P 500 led ‘risk assets’ on a broad slump in sentiment this past Friday which found fundamental blame in news of the Omicron Covid variant.
Markets made a bid to recovery this past session, but the Dow and the DAX didn’t seem to muster the same enthusiasm as speculative favorites like the SPX and Nasdaq.
A full recovery in risk trends is almost assumed given seasonal conditions and post-Covid momentum, but the Dollar may offer a more insightful nuance.
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MongiIG,
Dollar in focus as Powell provides first Omicron reaction
MongiIG posted a blog entry in Market News,
Source: Bloomberg
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MongiIG,
USD/ZAR Forecast: Friday’s Omicron Overshoot Sees Rand Open Higher
MongiIG posted a blog entry in Market News,
Rand market frenzy fades as market mulls over new variant.
Commodities revised lower as uncertainty emerges.
Bearish harami suggests short-term USD/ZAR downside correction.
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MongiIG,The Week Ahead On The Markets
MongiIG posted a blog entry in Market News,
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MongiIG,IG Charts Request Poll: Closes on the 30th November 2021
MongiIG posted a topic in Feedback and Suggestions,
The IG Charts Request Poll will be closing and ending on the 30th November 2021.
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MongiIG,
South African Rand Battered as UK Restricts SA Travel Ahead of the Holiday Period
MongiIG posted a blog entry in Market News,
UK place SA on its red list in attempt to curb the spread of a new coronavirus variant.
World Health Organization set to meet to discuss studies of the variant and assess severity.
USD/ZAR perfect storm: Dollar finds safe-haven appeal, Ems on backfoot, variant detected in South Africa.
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MongiIG,European Stock Futures Sharply Lower; New Virus Strain Raises Lockdown Fears
MongiIG posted a blog entry in Market News,
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MongiIG,
Crude Oil Sinks as US Dollar Soars Ahead of OPEC+. Will Supply Tap Out For WTI?
MongiIG posted a blog entry in Market News,
Crude oil prices slipped as USD strengthened amid a bout of risk off.
APAC equities moved lower with Japanese equities leading the way.
Energy commodities maintain elevated volatility. Where to for WTI crude?
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MongiIG,Trading hours over the US Thanksgiving period - 25th/26th November
CharlotteIG posted a blog entry in Market News,
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CharlotteIG,
Brent Crude Latest: Coordinated SPR Release Unlikely to Affect High Oil Prices
MongiIG posted a blog entry in Market News,
Oil price U-turn: Oil prices trading back at the same levels before the SPR rumors and subsequent confirmation.
OPEC + Response unclear ahead of the December 2nd meeting.
IG Client Sentiment suggests ‘wait and see’ approach ahead of the OPEC meeting.
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MongiIG,
Dollar firm as US data and FOMC minutes point to earlier rate hike
MongiIG posted a blog entry in Market News,
Source: Bloomberg
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MongiIG,
British Pound (GBP) Price Outlook: GBP/USD Approaching Key Support Levels
MongiIG posted a blog entry in Market News,
GBP/USD continues to look weak as a strong US Dollar outperforms most other currencies.
However, trendline support and the 1.33 level could at least delay further losses.
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MongiIG,Crude Oil Heats Up Ahead of OPEC+ And Post FOMC Minutes. Will WTI Break Higher?
MongiIG posted a blog entry in Market News,
WTI crude prices settle in as competing interests voice their views.
US Dollar strengthens in the aftermath of data and FOMC minutes.
Price action could get skittish with holiday liquidity. Can oil reignite?
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MongiIG,
British Pound (GBP) Price Outlook: GBP/USD Brushes Off Government Setback
MongiIG posted a blog entry in Market News,
GBP/USD looks to be stabilizing after its losses over the past few sessions caused principally by US Dollar strength.
So far, the pair has largely ignored setbacks for UK Prime Minister Boris Johnson but there’s a risk that it could suffer further if the pressures on him continue to grow.
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