Weekly Technical Matrix – 20210809

Instrument

Hourly

Daily

GBP/USD

1.3881

Buy

Buy

EUR/USD

1.1763

Neutral

Strong Sell

FTSE 100

7,100

Strong Buy

Strong Buy

S&P 500

4,424

Strong Buy

Strong Buy

Gold

1,745

Neutral

Strong Sell

Silver

2,396

Neutral

Strong Sell

Crude Oil WTI

66.44

Strong Sell

Strong Sell

Bitcoin

43,270

Sell

Buy

UTC 8:24

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.