Monday’s Technical Matrix 7th June 2021

Instrument

Hourly

Daily

GBP/USD

1.4125

Strong Buy

Strong Buy

EUR/USD

1.2149

Strong Sell

Strong Sell

FTSE 100

7,062

Strong Sell

Neutral

S&P 500

4,218

Strong Buy

Strong Buy

Gold

1,881

Strong Sell

Strong Buy

Silver

2,748

Strong Sell

Neutral

Crude Oil WTI

68.99

Sell

Strong Buy

Bitcoin

35,960

Strong Sell

Strong Sell

UTC 08:22

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.

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.