Monday’s Technical Matrix 14th December 2020

Instrument

Hourly

Daily

GBP/USD

1.3327

STRONG BUY

NEUTRAL

EUR/USD

1.2140

STRONG BUY

STRONG BUY

FTSE 100

6,554

STRONG BUY

STRONG BUY

S&P 500

3,678

NEUTRAL

STRONG BUY

Gold

1,832

STRONG SELL

NEUTRAL

Silver

2,386

STRONG SELL

NEUTRAL

Crude Oil WTI

47.22

STRONG BUY

STRONG BUY

Bitcoin

19,088

SELL

BUY

UTC: 07.42

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.