Natural Gas recently broke the resistance area lying between the resistance level 2.340, 100-day moving average and the 50% Fibonacci correction of the previous downward impulse from May.
The breakout of this resistance area should accelerate the c-wave of the active ABC correction (ii) from the start of August.
Natural Gas is expected to rise further and retest the next resistance level 2.480 (top of the previous minor correction 2 from July and the target for the completion of the active wave (ii)).
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
This website uses cookies
