Weekly Forex Trading Tips – 2021.08.16

Instrument

Hourly

Daily

GBP/USD

1.3848

Strong Sell

Strong Sell

EUR/USD

1.1787

Neutral

Sell

FTSE 100

7,162

Strong Buy

Strong Buy

S&P 500

4,453

Strong Buy

Strong Buy

Gold

1,773

Sell

Neutral

Silver

2,354

Strong Sell

Strong Sell

Crude Oil WTI

67.03

Strong Sell

Strong Sell

Bitcoin

43,34

Buy

Buy

UTC 8:14

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.