Monday’s Technical Matrix 19th April 2021

Instrument

Hourly

Daily

GBP/USD

1.3870

Strong Buy

Strong Buy

EUR/USD

1.2008

Strong Buy

Strong Buy

FTSE 100

7,031

Strong Buy

Strong Buy

S&P 500

4,180

Strong Buy

Strong Buy

Gold

1,786

Strong Buy

Strong Buy

Silver

2,603

Strong Buy

Strong Buy

Crude Oil WTI

63.19

Neutral

Strong Buy

Bitcoin

57,385

Strong Buy

Sell

UTC: 09.18

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.