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The gold market has been fairly noisy during the month of May, as we continue to see a lot of questions asked about the overall trend in gold.
The Light Sweet Crude market has initially tried to rally during the course of May, but we have seen a lot of selling pressure, as we continue to hang
The Australian dollar has been very choppy during the month of May, and quite frankly think June could bring more of the same.
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The EUR/USD finished the month of May below its late April values, but the upwards movement in the currency pair since the 12th of May has been rather remarkable, yet scary for speculators.
The USD/ZAR remains in a steady bearish trend as it confronts support and sometimes proves it has the ability to go lower. The currency pair will begin June’s trading below 18.00000.
After falling from the 21.00 level in April, USD/MXN may continue to decline in May as interest rate differentials and improving sentiment favor the peso.
After bouncing off the 4800 level in April, the S&P 500 enters May with cautious optimism, facing volatility but aiming toward a potential move above 5800.
After rebounding above key support, the NASDAQ 100 enters May with bullish potential toward 20,000, though volatility and trade tensions may test momentum.
After strong gains, gold enters May with bullish momentum but faces resistance at $3500, making a pullback toward $3200 a likely opportunity for buyers.
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Crude oil remains range-bound between $55 and $65, with May’s outlook hinging on global trade tensions, OPEC output, and US seasonal demand trends.
USD/INR trades sideways near ₹85 as May opens, with geopolitical risks and global uncertainty poised to drive a potential move toward ₹88 or ₹83.50.
After a strong April, EUR/USD faces pivotal resistance at 1.15, with May’s direction likely driven by global uncertainty and shifting US bond demand.
After falling through April, USD/ZAR may find support between 18.25 and 17.65 in May, with global uncertainty likely to limit further Rand strength.
USD/MXN is expected to remain range-bound in April between 19.80 and 21.00, as uncertainty over indirect tariffs on Mexico clouds market direction.
The NASDAQ 100 enters April on shaky ground after a sharp sell-off, with traders watching the 20,000 level, tariffs, and rate policy for direction.