Natural Gas rising steadily following the earlier upward reversal from the support area lying between the support level 1.6610 (which formed the recent Bullish Engulfing at the end of February) and the the lower daily Bollinger Band.
The latest reversal from this support area created the daily Japanese candlesticks reversal pattern Morning Star – indicating the strength of the support area near 1.6610.
Given the clear bullish divergence on eth daily Stochastic – Natural Gas is likely to rise further toward the next resistance level 2.000 (top of the earlier correction (ii) and the target price for the completion of the active minor wave ii).
The monthly ADP labour market report showed that America created 192K new jobs in April, above…
Bears showed strength ahead of the FOMC decision. U.S. indices sagged on Tuesday as investors…
Market Picture Bitcoin's closing price on Tuesday became the lowest since late February, confirming the…
- Ebay under the bearish pressure - Likely to fall to support level 51.00 Ebay…
- GBPAUD reversed from key support level 1.9135 - Likely to rise to resistance level…
Silver has lost 2.6% since the start of the day on Tuesday to $26.4 per…
This website uses cookies