May Monthly Outlook Released – Includes Relative Strength Index


The first monthly forex outlook from Forex Crunch has been released and is available for free download. It includes a relative strength index in addition to features previously seen in these reports.

A dramatic month awaits Europe, which receives a lot of attention here. As always, the No. 1 economy of the world, the USA is important. This time, it is tackled through the Fed’s important measures.

In addition, the calmer situation around Iran and the sidelining of the Chinese landing are also discussed.

Specific currency outlooks follow. Each currency outlook consists of two parts: a fundamental overview and a high time-frame technical analysis.

The currency outlooks end with a new feature: a relative strength index – a ranking of predicted currency performance. A timetable of key events in May and some extra additional notes for forex traders wrap up the report.

Following some feedback, there are some small changes in this report. As always, feedback is more than welcome.

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About Author

Yohay Elam – Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I’ve accumulated. After taking a short course about forex. Like many forex traders, I’ve earned the significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I’ve worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.

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