Natural Gas recently reversed down from the resistance area lying between the resistance level 2.300 (former strong support from October) and the 38.2% Fibonacci correction of the previous downward impulse 3 from November.
The downward reversal from this resistance area started the active short-term impulse wave 5 – which belong to the medium-term impulse sequence (C) from last month.
Natural Gas is expected to fall further toward the next support level 2.155 (low of the previous impulse wave 3).
- 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…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies
