10Y T-Note Weekly Forecast

This/Next Week Forecast (March 22 – 26, 2021)

Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 131’23, which will be followed by moving up to resistance level 132’13.
Downtrend scenario
The downtrend may be expected to continue in case the market drops below support level 131’0, which will be followed by reaching support level 130’7.

Chart Cocoa Forecast 2020, Long-term Technical Analysis and Outlook

Monthly Forecast, April 2021

Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 132’13, which will be followed by moving up to resistance level 133’23.
Downtrend scenario
The downtrend may be expected to continue in case the market drops below support level 131’3, which will be followed by reaching support level 127’28.

Chart Cocoa Forecast 2020, Long-term Technical Analysis and Outlook

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