Who said technical analysis forecasts should be complicated or overwhelming?.
Our monthly Forex technical analysis forecasts are written by pro traders and experienced market analysts to ensure that you are well equipped in the Forex trading niche
The best part is that our technical analysis caters to all traders, irrespective of the skill level. You can rest assured that our Forex articles are written in the simplest of ways, breaking down complex concepts for your convenience.
Gold remains pressured by high US interest rates, but June could bring a rebound if yields ease and Middle East uncertainty starts to settle.
Nasdaq 100 has pulled back slightly late in April, and this could lead to the beginning of May being somewhat soft.
The US dollar bounced a bit in the latter half of April, and May could see a touch of continuation in this pair.
Gold markets have been noisy in the month of April, but unfortunately, I don’t think May will be any different.
The S&P 500 was very strong in April. However, I suspect May won’t be as easy for the bulls.
The USD/JPY is trading near values seen in January as it traverses as of this writing near the 159.520 vicinity, but this time around financial institutions do not seem as afraid about potential BoJ interventions.
BTC/USD continues to remain in limbo in many respects, this as it hovers near the $67,000.00 level and shows little in the way of being able to resume momentum upwards.
The EUR/USD is trading near the 1.14620 mark as of this writing, this as the month of March concludes with the currency pair mired in a rather dramatic bearish trajectory.
As of this writing the USD/ZAR remains within the upper realms of its value, this as the currency pair continues to suffer from nervous sentiment via USD centric strength as the Iranian war flares.
The light sweet crude oil market has been as high as just under the $120 level and as low as the $77 level during the month of March. In other words, it’s been all over the place and the only thing that I can see on the chart that is somewhat consistent is that anytime the market
Gold spent most of the month of March falling rather significantly, but it has turned around to show signs of life at the $4100 level. The market has been very volatile and a lot of this comes down to the interest rate markets in the United States, which of course will continue t
The NASDAQ 100 has been very negative during the trading month of March as we continue to see sellers jump in and start selling every time it tries to rally. We have formed several long wicks to the upside every week as every time we try to recover, fear reenters the market. This
The S&P 500 spent most of the month of February struggling a bit and then trying to recover, but every time we recover it seems like there’s some type of headline coming out of the Middle East that has the markets concerned. And quite frankly it’s not just the Middle Eastern head
The US Dollar spent most of the month of March rallying against the Mexican Peso as interest rates in America continue to climb and although they are lower than Mexico's interest rates, the reality is that the interest rate differential has been closing and with this being the ca
The US dollar has been all over the place in the month of February, as we are looking at testing a resistance level that goes back to 1990.
