Weekly Forecast (September 5 – 9, 2022)
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 68.84, which will be followed by moving up to resistance level 70.30 and 72.69.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 68.84, which will be followed by reaching support level 63.38.
previous week forecast
Monthly Forecast, September 2022
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 73.74, which will be followed by moving up to resistance level 87.65.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 73.74, which will be followed by reaching support level 54.42 – 51.
previous week forecast
