|
Natural gas price continues to decline – Analysis – 21-10-2022
Natural gas price gained new negative momentum by stochastic attempt to crawl towards the oversold areas, to notice forming new negative attack and touch 5.200, expecting to form additional barrier at 5.550 and achieve new negative targets by moving towards the bearish channel’s support at 4.950, while breaking this level will push the price to move to new negative track, to expect reaching 4.700 and 4.450 levels.
The expected trading range for today is between 5.400 and 4.950
The expected trend for today: Bearish
Join Economies Discord channel to discuss this analysis
Thanks for your feedback.
Hang Seng index continues the negative crawling – Analysis – 21-10-2022
Hang Seng index still surrendering to the domination of the bearish bias by consolidating within the bearish channel, in addition to forming strong additional barrier at 18270, to notice suffering big losses by moving towards 16020.
MoreThe EURJPY begins with new positivity – Analysis – 21-10-2022
The EURJPY pair started today with positive action to notice forming positive wave and attempt to touch the positive target at 147.60, reminding you that it is important to hold above 145.65 support that confirms confining trades within the bullish track to increase the chances of beaching 147.60 level and reach new stations that might start at 148.40 and 149.35 in the near term and medium term period.
MoreThe GBPJPY provides intraday sideways fluctuation– Analysis – 21-10-2022
The GBPJPY pair continued to form weak trades by consolidating near 168.00 level, attempting to gather the positive momentum again, to ease the mission of resuming the main bullish track that might target 169.80 and 170.70 levels.
More