– Natural gas reversed from key resistance level 2.035
– Likely to fall to support level 1.860
Natural gas recently reversed down from the key resistance level 2.035 (former strong support from the end of January and the monthly high from March).
The downward reversal from the resistance level 2.035 stopped the previous minor impulse wave i.
Given the strength of the resistance level 2.035, prevailing downtrend and the overbought daily Stochastic, Natural gas can be expected to fall further to the next support level 1.860 (low of the morning star from the start of this month).
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies