– Natural Gas rising inside impulse waves 3 and (3)
– Likely to reach resistance level 3.150
Natural Gas continues to rise inside the impulse waves 3 and (3), which recently broke the resistance area located between the key resistance level 2.600 and the 50% Fibonacci correction of the downward impulse from June.
The breakout of this resistance area accelerated the active impulse waves 3 and (3) – which belong to the primary impulse sequence 3 from the start of August.
Given the clear daily uptrend, Natural Gas can be expected to rise further to the next resistance level 3.150, former monthly high from May and June.
- EURGBP broke the support area - Likely to fall to support level 0.8300 EURGBP…
Preliminary Eurozone PMI estimates came in weaker than expected, sending EURUSD down 0.67% within an…
The cryptocurrency market took a pause in growth and stabilised at $2.23 trillion (+8.8% over…
- Nikkei 225 index rising inside minor impulse waves 3 - Likely to reach resistance…
- NZDJPY rising inside corrective wave ii - Likely to rise to resistance level 91.65…
Gold started the week with new highs and ended the week up 1.3%, despite a…
This website uses cookies