Weekly Momentum On Major Pairs (Week 22/2020)

First Thing First: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume Macro view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up.

XXX/USD: Slightly Bullish

Gold & Silver: Bullish (Gold is Neutral & Silver is Very Bullish)

XXX/JPY: Bullish

Stock Indexes: Mixed (US index is Slightly Bullish & HK index is Very Bearish)

BitCoin: Slightly Bearish