Monday’s Technical Matrix 15th February 2021

Instrument

Hourly

Daily

GBP/USD

1.3887

STRONG BUY

STRONG BUY

EUR/USD

1.2135

STRONG BUY

STRONG BUY

FTSE 100

6,634

STRONG BUY

STRONG BUY

S&P 500

3,950

STRONG BUY

STRONG BUY

Gold

1,817

STRONG SELL

STRONG SELL

Silver

2,736

BUY

STRONG BUY

Crude Oil WTI

60.48

STRONG BUY

STRONG BUY

Bitcoin

47,225

SELL

STRONG BUY

UTC: 08.10

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.