Monday’s Technical Matrix 22nd March 2021

Instrument

Hourly

Daily

GBP/USD

1.3848

Neutral

Neutral´╗┐

EUR/USD

1.1882

Strong Sell

Strong Sell

FTSE 100

6,697

Strong Sell

Strong Buy

S&P 500

3,907

Strong Sell

Strong Buy

Gold

1,731

Strong Sell

Neutral

Silver

2,557

Strong Sell

Strong Sell

Crude Oil WTI

66.65

Strong Sell

Sell

Bitcoin

57,741

Buy

Buy´╗┐

UTC: 10.15

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.