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Monthly Forex Forecast
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Monthly Forex Forecast
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.
The NASDAQ 100 has been trading and arranging for the last couple of months, and the month of April could very well see the same.
Gold markets have had a very bullish run over the last couple of months, and at this point, a lot of this is going to come down to whether or not there is going to be significant fear out there to drive gold higher.
USD/ZAR: From Bad to Much Worse Nervous Behavioral Sentiment
USD/INR: Bullish Trend Past Month Challenging Apex Highs Now
The NASDAQ 100 has broken above a major resistance barrier during the month of February, only to turn around and show signs of weakness.
The S&P 500 has reached all the way up to the 4200 level during the course of the month of February, but then pulled back rather significantly.
Gold markets have plunged during the month of February, suggesting that perhaps the US dollar is trying to claw back in strength.
Bitcoin: Buyers Remain as Skeptics Watch, Speculate and Wait
Gold markets are getting stretched. How will they fare during February? Get the monthly forecast here.