Natural Gas recently broke below the key support level 2.625 (which previously stopped the impulse 1 of the active downward medium-term impulse sequence (5) form March).
The breakout of the support level 2.625 coincided with breakout of the support trendline of the daily Triangle from February – which should accelerate the active impulse wave 3.
Natural Gas is expected to fall further and re-test the next support level 2.540 (low of the previous waves 3 and (3) from February).
- 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
