Weekly Technical Matrix – 20210719

Instrument

Hourly

Daily

GBP/USD

1.3714

Strong Sell

Strong Sell

EUR/USD

1.1781

Strong Sell

Strong Sell

FTSE 100

6,913

Strong Sell

Strong Sell

S&P 500

4,305

Strong Sell

Strong Buy

Gold

1,806

Strong Sell

Neutral

Silver

2,538

Strong Sell

Strong Sell

Crude Oil WTI

69.99

Strong Sell

Strong Sell

Bitcoin

31,575

Neutral

Sell

UTC 09:34

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.