Weekly Forecast (January 23 – 27, 2023)
Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 723, which will be followed by reaching resistance level 760 and 799.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 723, which will be followed by moving down to support level 693.6.
Monthly Forecast, January 2023
Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 723, which will be followed by reaching resistance level 947,2.
Downtrend scenario
An downtrend is not expected this month.
