Weekly Momentum On Major Pairs (Week 17/2020)
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: Slight Bearish (Dollar Shortage still persists?)
Gold & Silver: Bullish (the momentum of Gold is strong while Silver is mixed)
XXX/JPY: Mixed
Stock Indexes: Slight Bearish
BitCoin: Bullish
XXX/USD: Slight Bearish (Dollar Shortage still persists?)
Gold & Silver: Bullish (the momentum of Gold is strong while Silver is mixed)
XXX/JPY: Mixed
Stock Indexes: Slight Bearish
BitCoin: Bullish
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