Monday’s Technical Matrix 12th April 2021

Instrument

Hourly

Daily

GBP/USD

1.3701

Sell

Strong Sell

EUR/USD

1.1887

Strong Sell

Neutral

FTSE 100

6,897

Buy

Strong Buy

S&P 500

4,117

Strong Buy

Strong Buy

Gold

1,740

Neutral

Neutral

Silver

2,514

Neutral

Neutral

Crude Oil WTI

59.11

Strong Sell

Strong Sell

Bitcoin

60,313

Buy

Buy´╗┐

UTC: 08.18

Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators.

Risk Statement: Trading Foreign Exchange on margin carries a high level of risk and may not be suitable for all investors. The possibility exists that you could lose more than your initial deposit. The high degree of leverage can work against you as well as for you.