Natural Gas fluctuates above the support – Analysis – 25-9-2017
Economies.com
2017-09-25 08:00AM UTC
Natural gas price is affected by the negativity of the moving average 55 that settles above trading now around 3.050, to postpone the expected bullish rally, noticing that the price forms new support base around 2.850 to support the domination of the bullish bias and wait to rally towards the first positive target at 3.200.
Stochastic reach to the oversold areas confirms getting rid of the negative pressures to allow the price to gather new bullish momentum followed by forming the expected bullish attack.
Expected trading range for today is between 2.850 and 3.200
Expected trend for today: Bullish
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