Tuesday Forecast
Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 2.720, which will be followed by reaching resistance level 2.820.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 2.720, which will be followed by moving down to support level 2.640.
This/Next Week Forecast (December 21 – 25, 2020)
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 2.640, which will be followed by moving up to resistance level 3.000 – 3.200.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 2.520, which will be followed by moving down to support level 2.300 and 2.150.
previous week forecast
Fundamental Analysis
Difference between supply and demand shows fair price on the level 2.7.
Monthly Forecast, December 2020
Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 2.600, which will be followed by reaching resistance level 3.200 – 3.400.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 2.600, which will be followed by moving down to support level 2.160.
previous month forecast
