Natural Gas continues to fall inside the medium-term impulse wave (3) – which started recently from the resistance zone lying between the resistance level 2.375 (top of wave 4), upper daily Bollinger Band and the 38.2% Fibonacci correction of the previous downward impulse (1) from September.
The active impulse wave (3) belongs to the long-term downward impulse sequence.
Natural Gas is expected to fall further and retest the next support level 2.200 (low of the previous strong impulse wave (1)).
Market picture The crypto market has lost 3.3% in the last 24 hours to $2.3…
- USDJPY broke key resistance level 155.00 - Likely to rise to resistance level 160.00…
- Ebay reversed from support level 49.35 - Likely to rise to resistance level 52.55…
Even though the Bank of Japan left the key rate and parameters of the QE…
Market picture Market Dynamics: The cryptocurrency market stabilised, losing just 0.1% of capitalisation and dropping to…
- GBPCAD reversed from key support level 1.6910 - Likely to rise to resistance level…
This website uses cookies