Home NEWS Monthly Forecasts

Monthly Forecasts

Monthly Technical Analysis for Majors, Minors, Crosses, Commodities and Stocks, published every month...

" Dow Jones: Bullish But Around Critical Resistance " Dow Jones: As long as 17780 support holds on a monthly closing basis, the Dow Jones index remains on the upside towards the 18440 levels, a halt is likely, but above 18440 would open 19280 next, further upside, resistance comes at...
" WTI Crude Oil : Sees Consolidation " WTI Crude Oil: Outlook in U.S Oil has turned neutral, support comes at the 40.88 levels while resistance comes at the 49.70 levels. On the upside, above 49.70 will restore the upside momentum and open the 59.13/63.27 levels before the next fall... On the...
"EURGBP: Bullish But Hesitates Ahead Of The Key Resistance " EURGBP: As long as 0.8116 support holds on a monthly closing basis, the EURGBP remains on the upside towards the 0.8476 levels, a halt is likely and a reversal may occur, however; above 0.8476 would open 0.8768 next, further upside, resistance...
" AUDUSD:Pressure Builds On The 0.7966 Levels " AUDUSD: As long as 0.7108 support holds on a monthly closing basis, the AUDUSD remains on the upside towards the 0.7966 levels ahead of the 0.8280/0.8660 levels, below 0.7108 will restore the downside momentum and open the 0.6826/0.6352 levels.(Note that upside move...
"EURUSD: Recovers With Caution, Looks To Recapture Minor Resistance" EURUSD: As long as 1.1059 support holds on a monthly closing basis, the EURUSD remains in a recovery mode and further upside couldn't be ruled out, but recovery above 1.1059 should be limited by the 1.2041 levels (Minor levels are :...
Dow Jones: As long as 17780 support holds on a monthly closing basis, the Dow Jones index remains on the upside towards the 18440 levels, a halt is likely and  a reversal may occur, however, above 18440 would open 19280 next, further upside, resistance comes at the 20205 levels...On...
WTI Crude Oil: As long as 43.50 support holds on a monthly closing basis, the WTI Oil remains on the upside towards the 59.13 /63.27 levels, a halt is likely and a reversal may occur, above 59.13/63.27 would open 69.55 next, further upside, resistance comes at the 77.26 levels....
EURGBP: As long as 0.8116 support holds on a monthly closing basis, the EURGBP remains on the upside towards the 0.8476 levels, a halt is likely and a reversal may occur, however; above 0.8476 would open 0.8768 next, further upside, resistance comes at the 0.9081 levels. On the downside, below...
AUDUSD: As long as 0.7108 support holds on a monthly closing basis, the AUDUSD remains on the upside towards the 0.7966 levels ahead of the 0.8280/0.8660 levels, below 0.7108 will restore the downside momentum and open the 0.6826/0.6352 levels.(Note that upside move above 0.7108 should be limited by the...
EURUSD: As long as 1.1059 support holds on a monthly closing basis, the EURUSD remains in a recovery mode and further upside couldn't be ruled out, but recovery above 1.1059 should be limited by the 1.2041 levels (Minor levels are : 1.1466, 1.1713)...On the downside, below 1.1059 on a...