Natural Gas has been under bearish pressure this week – after the earlier downward reversal from the resistance area lying between the resistance level 2.670 and the upper weekly Bollinger Band.
This resistance area was also strengthened by the 38.2% Fibonacci correction of the previous weekly impulse wave from January.
Natural is expected to fall further and retest the next support level 2.200 (target price calculated for the completion of the active wave B).
The dollar has paused its strengthening, as weaker-than-expected inflation data reduces fear of future Fed…
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…
This website uses cookies
