Weekly Forecast (August 29 – September 2, 2022)
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 1507.75, which will be followed by moving up to resistance level 1590.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 1507.75, which will be followed by reaching support level 1376.
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Monthly Forecast, August 2022
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 1316, which will be followed by moving up to resistance level 1398.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 1316, which will be followed by reaching support level 1181.
