Weekly Momentum On Major Pairs (Week 5/2020)

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: Mixed (Euro is very bearish while Gbp is holding well)

Gold & Silver: Bullish

XXX/JPY: Mixed

Stock Indexes: Bearish

BitCoin: Slight Bearish