Weekly Technical Matrix – 20211018

Instrument

Hourly

Daily

GBP/USD

1.3740

Neutral

Strong Buy

EUR/USD

1.1578

Strong Sell

Strong Sell

FTSE 100

7,221

Strong Buy

Strong Buy

S&P 500

4,455

Strong Buy

Strong Buy

Gold

1,763

Strong Sell

Neutral

Silver

2,427

Strong Buy

Strong Buy

Crude Oil WTI

82.49

Strong Buy

Strong Buy

Bitcoin

62,302

Strong Buy

Strong Buy

UTC: 08:17

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.