Monday’s Technical Matrix 29th March 2021

Instrument

Hourly

Daily

GBP/USD

1.3762

Strong Sell

Strong Sell

EUR/USD

1.1781

Strong Sell

Strong Sell

FTSE 100

6,744

Strong Buy

Strong Buy

S&P 500

3,953

Strong Sell

Strong Buy

Gold

1,727

Strong Sell

Strong Sell

Silver

2,485

Strong Sell

Strong Sell

Crude Oil WTI

59.72

Strong Sell

Sell

Bitcoin

55,376

Buy

Buy´╗┐

UTC: 08.42

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.