Weekly Momentum On Major Pairs (Week 51/2020)
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: Slightly Bearish
Gold & Silver: Slightly Bearish
XXX/JPY: No Comment (AUDJPY is Bullish while GBPJPY is very Bearish)
Stock Indexes: Slightly Bearish
BitCoin: Slightly Bearish
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