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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
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The US dollar has enjoyed a relatively large move to the upside against multiple currencies for the last couple of months.
The US dollar has rallied quite nicely over the last few weeks, as the greenback has been on a tear overall.
SHIB/USD is the new darling for the speculative world of cryptocurrency, having gained an astounding percentage change in value the past month.
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Bitcoin appears ready to enter November having completely turned its trading sentiment around with an exuberant optimistic trading landscape dominating.
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ETH/USD appears ready to begin the month of November near all-time prices as it closes out October with its bullish trend displaying strong capabilities.
DOGE/USD produced a sudden wicked rocket ride higher on the 28th of October while escaping its bearish price range, but then the cryptocurrency sold off again.
October proved to be a very bullish month for WTI Crude Oil as the 80.00 USD level was penetrated and sustained.
Gold will enter November having produced some upwards momentum in the month of October, but pursuing the trend of the precious metal has not been without trouble.
The NASDAQ 100 has had a very strong month of October, and it is very likely to continue seeing upward pressure for the month of November.
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The euro was rather negative during most of the month of October, threatening the 1.15 handle.