Monthly Horoscope gives out the astrological predictions for a period of one month. This usually happens to be a calendar month. These forecasts given to people for their near future can be called as short-term predictions. These predictions are based fundamentally on the zodiac signs and are given individually, for every one of the 12 signs. Thus, a monthly horoscope is something that will be common and applicable for all the people, who are born under a particular zodiac sign.