Weekly Momentum On Major Pairs (Week 22/2023)

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: Very Bearish

XXX/JPY: Slightly Bullish

Stock Indexes: Bearish

BitCoin: Neutral


WK 22 (27 May 2023)