Monthly Forex Forecast

The NASDAQ 100 has been on an absolute tear to the outside recently, and it looks as if the market is going to continue to find plenty of reasons to be bullish

Gold markets have drifted a bit lower during the bulk of May, but it looks as if we are testing an area of potential support.

EUR/USD: Interest Rate Hike Realizations Create Lower Move

USD/INR: Apex Highs Challenged as Nervous Sentiment Rules

USD/ZAR: Strong Higher Range feels like a Permanent Change

The NASDAQ 100 has been somewhat tight during the entirety of April, but as we head into May, it looks like the buyers willing to come in and buy every significant debt.

The gold market should see a significant amount of support near the $1940 level, followed by the $1900 level.

The S&P 500 has been back and forth for some time now, and unfortunately we don’t know if May is going to change the overall attitude of the market.

USD/ZAR: Uncomfortable High Range as Nervous Results Remain

EUR/USD: Buying Momentum Sparkles as One Year High Surpassed

USD/INR: Return to Lower Prices Difficult and Hard Fought

The EUR/USD produced an astonishing month of trading in March.

After testing a high at nearly 82.8800 in the middle of March as the global markets sought risk-averse assets, the USD/INR has produced a solid downturn in the past ten trading days.

As the month of March gets ready to end and the start of April readies, the USD/ZAR certainly gave speculators a taste of adventure regarding their pursuit of the currency pair the past four weeks.

The S&P 500 has been very noisy over the last couple of weeks, and there’s almost no chance that April is going to be any different.