Weekly Forecast (August 29 – September 2, 2022)
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 67.73, which will be followed by moving up to resistance level 70.30.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 65.26, which will be followed by moving down to support level 60.20.
previous week forecast
Monthly Forecast, August 2022
Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 61,70, which will be followed by reaching resistance level 67,76 and 72,09.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 61,70, which will be followed by moving down to support level 51.
