– 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.
- 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…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies