• Natural gas broke key resistance level 2.40
• Likely to rise to 2.50
Natural gas recently broke through the key resistance level 2.40 (previous upward target, the last time this price level reversed the price was in the middle of last December)
The breakout of the resistance level 2.40 was preceded by the breakout of the 61.8% Fibonacci correction of the downward impulse wave from the start of last November.
Natural gas is likely to rise further toward the next resistance level 2.500 (target price for the completion of the active minor impulse wave (iii)).
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