Weekly Momentum On Major Pairs (Week 21/2023)

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: Slightly Bearish

Gold & Silver: Slightly Bearish/Bearish

XXX/JPY: Very Bullish

Stock Indexes: Mixed

BitCoin: Neutral/ Slightly Bearish


Summary: Neutral


WK 21 (20 May 2023)