Natural Gas recently reversed down sharply from the resistance area lying between the round resistance level 2.000, upper daily Bollinger Band and the 50% Fibonacci retracement of the previous sharp downward impulse from January.
The downward reversal from this resistance area created the daily reversal pattern Evening Star – which started the active impulse wave (v).
Natural Gas is likely to fall further toward the next support level 1.7530 (low of the previous wave (b) from the start of February).
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
