• Natural gas broke resistance level 2.900
• Likely to rise to resistance level 3.050
Natural gas continues to rise after breaking the key resistance level 2.900 (top of the previous correction (b) from the start of March).
The breakout of the resistance level 2.900 was preceded by the breakout of the daily Triangle form last October – which accelerated the active impulse waves (iii) and 3.
Natural gas is likely to rise further toward the next multi-month resistance level 3.050 (former monthly high from February).
The recent declines in US indices may have broken the bullish trend, indicated by technical…
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…
This website uses cookies