Monday’s Technical Matrix 05th April 2021

Instrument

Hourly

Daily

GBP/USD

1.3830

Strong Buy

Neutral

EUR/USD

1.1748

Strong Sell

Strong Sell

FTSE 100

6,781

Strong Sell

Strong Buy

S&P 500

4,033

Strong Buy

Strong Buy

Gold

1,727

Neutral

Neutral

Silver

2,474

Strong Sell

Strong Sell

Crude Oil WTI

69.56

Strong Sell

Neutral

Bitcoin

57,182

Strong Sell

Buy

UTC: 09.18

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.