Weekly Momentum On Major Pairs (Week 8/2020)
Euro Fx/U.S. Dollar FX:EURUSD
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 not)
Gold & Silver: Slight Bullish
Stock Indexes: Very Bullish
BitCoin: Slight Bullish