Natural Gas price crawls negatively – Analysis – 7-5-2019
Economies.com
2019-05-07 07:12AM UTC
Natural gas price formed negative crawling recently, affected by the strength of 3.000 resistance, approaching the first target at 2.450, while stochastic release from the oversold areas might force the price to provide some sideways fluctuation until succeeding to gather new negative momentum in the near term period.
Note that succeeding to break 2.450 will open the way to resume the negative attack, expecting to move towards 2.250 followed by reaching the previously recorded low at 1.6000.
The expected trading range for today is between 2.720 and 2.250
The expected trend for today: Bearish
Commodities News
Commodities
Gold rushes above $2400 as Israel attacks Iran
2024-04-19 07:41AM UTC
Gold prices rose in European trade on Friday, extending gains for a second day and trading above ...
Commodities
Gold returns higher towards $2400
2024-04-18 18:59PM UTC
Gold prices rose on Thursday as the dollar advanced against most major rivals amid mounting ...
Commodities
Gold advances towards unprecedented peaks
2024-04-18 09:21AM UTC
Gold prices rose in European trade on Thursday, resuming gains and moving once again towards record ...
Commodities Technical Analysis
Commodities
Natural gas price is weak – Forecast today – 19-4-2024
2024-04-19 08:20AM UTC
Natural Gas Price Analysis Expected Scenario Despite intraday stochastic positivity, ...
Commodities
Platinum price fluctuates below the barrier – Forecast today – 19-4-2024
2024-04-19 08:13AM UTC
Platinum Price Analysis Expected Scenario The platinum price remains influenced by the ...
Commodities
Copper price renews the positive action – Forecast today – 19-4-2024
2024-04-19 08:12AM UTC
Copper Price Analysis Expected Scenario The copper price has successfully overcome ...