Monday’s Technical Matrix 30th November 2020

Instrument

Hourly

Daily

GBP/USD

1.3348

STRONG BUY

STRONG BUY

EUR/USD

1.1967

STRONG BUY

STRONG BUY

FTSE 100

6,332

BUY

BUY

S&P 500

3,611

BUY

BUY

Gold

1,782

NEUTRAL

STRONG SELL

Silver

2,225

SELL

STRONG SELL

Crude Oil WTI

44.77

STRONG SELL

STRONG BUY

Bitcoin

18,624

BUY

BUY

UTC: 7.42

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.