Weekly Momentum On Major Pairs (Week 40/2021)

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: Slightly Bullish

XXX/JPY: Mixed

Stock Indexes: Mixed (Dow Jones is Bearish/HSI is Bullish)

BitCoin: Very Bullish