• Natural gas broke round support level 1.700
• Likely to fall to 1.583
Natural gas continues to fall in line with our earlier report for this instrument. The price today broke the round support level 1.700 – which should strengthen the bearish reassure on Natural gas.
The breakout of the level 1.700 continues the active short-term impulse wave 1 – which belongs to the medium-term downward impulse sequence (3) from the start of May.
Natural gas is expected to fall further toward the next support level 1.583 (low of the sharp daily Hammer from last month).]
Bitcoin finds support near the 50-day moving average, but further declines in the stock market…
- 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…
This website uses cookies