Weekly Forecast (January 3 – 5, 2023)
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 1530, which will be followed by moving up to resistance level 1555.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 1508, which will be followed by moving down to support level 1487 and 1462.
Monthly Forecast, January 2023
Uptrend scenario
The uptrend continuation is not expected this month.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 1508, which will be followed by moving down to support level 1462, 1433 and 1400..
