Tuesday Forecast
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 0.9908, which will be followed by moving up to resistance level 1.0054.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 0.9860, which will be followed by moving down to support level 0.9753.
Weekly Forecast (October 17 – 21, 2022)
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 0.9855, which will be followed by moving up to resistance level 1.0054.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 0.9855, which will be followed by reaching support level 0,9595.
previous week forecast
Monthly Forecast, October 2022
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 0.9871, which will be followed by moving up to resistance level 1.0367.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 0.9871, which will be followed by reaching support level 0.9636 and if it keeps on moving down below that level, we may expect the market to reach support level 0,9310.
previous month forecast
