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Monday’s Technical Matrix 23rd November 2020

Instrument

Hourly

Daily

GBP/USD

1.3341

STRONG BUY

STRONG BUY

EUR/USD

1.1871

STRONG BUY

STRONG BUY

FTSE 100

6,385

STRONG BUY

STRONG BUY

S&P 500

3,576

STRONG SELL

STRONG BUY

Gold

1,874

STRONG BUY

STRONG SELL

Silver

2,425

STRONG SELL

STRONG SELL

Crude Oil WTI

43.27

STRONG BUY

STRONG BUY

Bitcoin

18,569

BUY

BUY´╗┐

UTC: 8.42

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.