Thursday Forecast, March 30, 2023
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 74,05, which will be followed by moving up to resistance level 77,56 and 81,04.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 74,05, which will be followed by reaching support level 64,36.
Weekly Forecast (March 27 – 31, 2023)
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 74,05, which will be followed by moving up to resistance level 77,56 and 81,04.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 74,05, which will be followed by reaching support level 64,36.
Monthly Forecast, February – March 2023
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 82,89, which will be followed by moving up to resistance level 88,65.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 82,89, which will be followed by reaching support level 72,64 – 70,86 and if it keeps on moving down below that level, we may expect the market to reach support level 66,00..
