• Natural Gas reversed from round resistance level 3.0000
• Likely to fall to support level 2.224
Natural Gas recently reversed down from the round resistance level 3.0000 (former support from the start of January).
The resistance level 3.0000 was further strengthened by the upper daily Bollinger Band and by the 50% Fibonacci correction of the previous downward impulse from January.
Given the strong multi-month downtrend, Natural Gas can be expected to fall further to the next support level 2.224 (previous monthly low).
- USDCAD reversed from resistance zone - Likely to fall to support level 1.4400 USDCAD…
- AUDCAD reversed from resistance level 0.8980 - Likely to fall to support level 0.8900…
Energy is expected to regain the attention of market speculators next year due to both…
The crypto market has experienced a slight decline, falling to $3.29 trillion in the last…
- GBPUSD reversed from support level 1.2495 - Likely to rise to resistance level 1.2625…
- EURUSD reversed from powerful support level 1.0350 - Likely to rise to resistance level…
This website uses cookies