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Weekly Forecast (February 20 – 24, 2023)

Uptrend scenarioAn uptrend will start as soon, as the market rises above resistance level 688,6, which will be followed by moving up to resistance level 704,6.Downtrend scenarioThe downtrend may be expected to continue, while market is trading below resistance level 688,6, which will be followed by reaching support level 669,2 and 661,2.

Monthly Forecast, February – March 2023

Uptrend scenarioAn uptrend will start as soon, as the market rises above resistance level 688,6, which will be followed by moving up to resistance level 704,6.Downtrend scenarioThe downtrend may be expected to continue, while market is trading below resistance level 688,6, which will be followed by reaching support level 669,2, 661,2 and 648,2.


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All information provided by Anton Kolhanov is for informational purposes only. Information provided is not meant as investment advice nor is it a recommendation to buy or sell any trading instrument. Anton Kolhanov is not responsible for any losses arising from any investment based on any recommendation, forecast or other information herein contained. You should do your own thorough research before making any investment decisions and seek advice from an independent financial advisor.

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