• Natural gas broke key resistance level 4.2000
• Likely to rise to resistance level 4.600
Natural gas continues to rise after the price broke above the key resistance level 4.2000 (which stopped the pervious sharp impulse wave 1 at the start of August).
The breakout of the resistance level 4.2000 accelerated the active medium-term impulse wave (3).
Given the predominant daily uptrend, Natural gas can be expected to rise further toward the next resistance level 4.600 (target for the completion of wave (3), intersecting with the daily up channel from May).
- Adobe reversed from support zone - Likely to rise to resistance level 500.00 Adobe…
- EURJPY reversed from support zone - Likely to rise to resistance level 0.8625 EURGBP…
USDJPY was slipping below 153 on Friday morning, a three-week low and having lost over…
Market picture Crypto market capitalisation rose 3.3% in 24 hours to $2.22 trillion. Local capitalisation…
- EURJPY under strong bearish pressure - Likely to fall to support level 163.10 EURJPY…
- WTI broke round support level 80.00 - Likely to fall to support level 76.00…
This website uses cookies