Mondays Technical Matrix 26th October 2020

Instrument

Hourly

Daily

GBP/USD

1.3024

STRONG SELL

BUY

EUR/USD

1.1834

NEUTRAL

STRONG BUY

FTSE 100

5,817

BUY

STRONG SELL

S&P 500

3,436

STRONG BUY

STRONG BUY

Gold

1,896

STRONG SELL

SELL

Silver

2,416

STRONG SELL

STRONG SELL

Crude Oil WTI

39.01

STRONG SELL

STRONG SELL

Bitcoin

13,113

NEUTRAL

STRONG BUY

UTC: 07.14

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.