• Natural gas reversed from strong support level 5.350
• Likely to rise to resistance level 6.5000
Natural gas recently reversed up from the strong support level 5.350 (which has been repeatedly reversing the price from the start of July) – intersecting with the lower daily Bollinger Band.
The upward reversal from the support level 5.350 created the daily Japanese candlesticks reversal pattern Bullish Engulfing – which started the active minor correction 2.
Natural gas can be expected to rise further toward the next resistance level 6.5000 (former strong support from the middle of November).
- 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