Weekly Technical Matrix – 20211101

Instrument

Hourly

Daily

GBP/USD

1.3685

Sell

Strong Sell

EUR/USD

1.1558

Sell

Strong Sell

FTSE 100

7,261

Strong Buy

Strong Buy

S&P 500

4,613

Strong Buy

Strong Buy

Gold

1,784

Neutral

Sell

Silver

2,384

Sell

Strong Sell

Crude Oil WTI

82.52

Buy

Strong Buy

Bitcoin

60,589

Strong Buy

Neutral

UTC: 07:18

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.