Weekly Momentum On Major Pairs (Week 49/2019)

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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: Mixed (Euro is weak while Gbp is strong)

Gold & Silver: Slight Bullish

XXX/JPY: Bullish

Stock Indexes: Mixed (Dow Jones is strong while HSI is weak)

BitCoin: Very Bullish