• Natural gas broke resistance level 1.824
• Likely to rise to 1.970
Natural gas recently broke above the key resistance level 1.824 (which reversed the price multiple times at the start of June).
The breakout of the resistance level 1.824 accelerated the active impulse wave (c) – which belongs to the ABC correction 2 from the round support level 1.500. Natural gas is likely to rise further toward the next resistance level 1.970 (former correction high from June and the forecast price for the completion of the active ABC correction 2).
Market picture The release of US inflation data sparked a surge in risk asset purchases,…
• Gold broke daily down channel • Likely to reach resistance level 2415.00 Gold recently…
• AUDUSD broke key resistance level 0.6650 • Likely to reach resistance level 0.6760 AUDUSD…
The US dollar has been under relentless pressure since last Thursday, approaching more than one-month…
Market Picture Neither the meme mania in equities, the overall positivity in stock indices, nor…
• EURCHF rising inside impulse wave 3 • Likely to reach resistance level 0.9835 EURCHF…
This website uses cookies