Weekly Momentum On Major Pairs (Week 20/2023)
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: Very Bearish
Gold & Silver: Slightly Bearish/Bearish
XXX/JPY: Bearish
Stock Indexes: Bearish
BitCoin: Bearish
Summary: Risk OFF
WK 20 (13 May 2023)
XXX/USD: Very Bearish
Gold & Silver: Slightly Bearish/Bearish
XXX/JPY: Bearish
Stock Indexes: Bearish
BitCoin: Bearish
Summary: Risk OFF
WK 20 (13 May 2023)
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