Monday’s Technical Matrix 15th March 2021

Instrument

Hourly

Daily

GBP/USD

1.3922

Strong Buy

Neutral

EUR/USD

1.1922

Strong Sell

Strong Sell

FTSE 100

6,784

Strong Buy

Strong Buy

S&P 500

3,941

Strong Buy

Strong Buy

Gold

1,723

Neutral

Strong Sell

Silver

2,586

Strong Sell

Sell

Crude Oil WTI

66.26

Strong Buy

STRONG BUY

Bitcoin

58,203

Strong Sell

Strong Buy

UTC: 09.15

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.