Thursday Forecast (November 3, 2022)
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 0.7323, which will be followed by moving up to resistance level 0.7408.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 0.7323, which will be followed by reaching support level 0.7224 and 0.7156.
Weekly Forecast (October 31 – November 4, 2022)
Uptrend scenario
The uptrend may be expected to continue in case the market rises above resistance level 0.7408, which will be followed by reaching resistance level 0.7560 and if it keeps on moving up above that level, we may expect the market to reach resistance level 0.7723.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 0.7323, which will be followed by moving down to support level 0.7224 and 0.7156.
previous week forecast
Monthly Forecast, October 2022
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 0.7408, which will be followed by moving up to resistance level 0.7560 and 0.7723.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 0.7408, which will be followed by reaching support level 0.7156 and 0.7012.
previous month forecast
