Weekly Momentum Analysis On Major Pairs (Wk19/19)



XXX/USD: Mixed (GU is very Bullish while EU is Neutral)

Gold & Silver: Neutral (In W1, Price Action of Gold and Silver are sideways with slight bullish tone)

XXX/JPY: Mixed (GJ is very Bullish while AJ is very Bearish )

Indexes: Slightly Bullish

BitCoin: Slightly Bullish

Post Scriptum: 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 nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up.

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