Today’/Tomorrow Forecast, Tuesday (August 23, 2022)
Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 778, which will be followed by reaching resistance level 820.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 778, which will be followed by moving down to support level 752.
This/Next Week Forecast (August 22 – 26, 2022)
Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 752, which will be followed by reaching resistance level 778 and if it keeps on moving up above that level, we may expect the market to reach resistance level 820.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 735.50, which will be followed by moving down to support level 688.50.
previous week forecast
Monthly Forecast, August 2022
Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 735, which will be followed by reaching resistance level 972.
Downtrend scenario
An downtrend will start as soon, as the pair drops below support level 735, which will be followed by moving down to support level 615.
