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Weekly Technical Chart 12-10-20

Instrument

Hourly

Daily

GBP/USD

1.3048

STRONG BUY

STRONG BUY

EUR/USD

1.1821

STRONG BUY

STRONG BUY

FTSE 100

6,028

STRONG BUY

STRONG BUY

S&P 500

3,494

STRONG BUY

STRONG BUY

Gold

1,930

STRONG BUY

STRONG BUY

Silver

2,553.00

STRONG BUY

STRONG BUY

Crude Oil WTI

40.46

STRONG SELL

BUY

Bitcoin

11,400

BUY

STRONG BUY´╗┐

 

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.