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)