Weekly Momentum On Major Pairs (Week 32/2023)

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: Bearish

Gold & Silver: Very Bearish

XXX/JPY: Slightly Bearish

Stock Indexes: Very Bearish

BitCoin: Slightly Bearish


WK 32 (5 Aug 2023)