Natural Gas recently reversed up from the support area lying between the multi-month support level 2.540 and the lower weekly Bollinger Band.
The upward reversal from this support area stopped the previous medium-term impulse wave (5) from March.
Given the oversold reading on the weekly Stochastic indicator – Natural Gas is expected to rise further and re-test the next resistance level 2.643.
FTSE 100: ⬆️ Buy - FTSE 100 reversed from key support level 8425.00 - Likely…
Alibaba: ⬆️ Buy - Alibaba broke the key resistance level 145.00 - Likely to rise…
EURNZD: ⬇️ Sell - EURNZD reversed from long-term resistance level 1.9160 - Likely to fall…
AUDUSD: ⬆️ Buy - AUDUSD broke resistance level 0.6350 - Likely to rise to resistance…
Weak US retail sales are adding to concerns of a potential recession, putting pressure on…
The Dow Jones rebound depends on the Federal Reserve's monetary policy and incoming data. It…
This website uses cookies