Natural Gas continues to fall sharply inside the short-term impulse wave 3, which previously recently broke the support trendline of the daily up channel from June (which enclosed the pervious ABC correction 2).
The breakout of this up channel accelerated the active impulse waves (5) and 3 – which belongs to the longer-term downward impulse sequence from last November.
Natural Gas is expected to fall further and retest the next support level 2.144 (low of the previous impulse wave 1).
The dollar experienced a sell-off but rallied back up by the end of the week.…
The new week will be packed with economic data and decisions from key central banks.…
Despite economic factors working against the dollar, its oversold condition helped it this week or…
USDCAD: ⬇️ Sell - USDCAD reversed from key resistance level 1.4500 - Likely to fall…
Solana: ⬆️ Buy - Solana reversed from the long-term support level 113.75 - Likely to…
Adobe: ⬇️ Sell - Adobe broke round support level 400.00 - Likely to fall to…
This website uses cookies
