Tuesday Forecast
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 2.700, which will be followed by moving up to resistance level 2.840.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 2.700, which will be followed by reaching support level 2.555.
This/Next Week Forecast (March 8 – 12, 2021)
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 2.771, which will be followed by moving up to resistance level 2.900 and if it keeps on moving up above that level, we may expect the market to reach resistance level 3.040.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 2.697, which will be followed by moving down to support level 2.554 and 2.425.
previous week forecast
Fundamental Analysis
Difference between supply and demand shows fair price on the level 3.4.
Monthly Forecast, March 2021
Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 2.740, which will be followed by reaching resistance level 3.4.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 2.740, which will be followed by moving down to support level 2.165.
previous month forecast
