When we say that something is favorable, we mean that it is beneficial, advantageous, positive or advantageous. Other synonyms include propitious, promising, advantageous, desirable, opportune, lucky and auspicious. These words indicate that something is in your favor and it is likely to work out the way you want it to. Another phrase that could be used instead of 'is favorable' could be 'works in your favor'. In any case, when something is favorable, it makes us feel supported, happy and confident and improves our chances of success.