Natural gas price keeps the positivity – Analysis – 5-10-2021

2021-10-15 09:18:03 GMT (Economies.com)
 

No change to natural gas price bullish track, due to the frequent fluctuation within the bullish channel, also, the stability of the major support at 5.445 forms the main factor to confirm the continuation of the positivity for the near term and medium term trading.

 

Now, stochastic exit from the oversold areas will increase the chances of gathering the positive momentum, to ease the mission of resuming the bullish attack that might target 6.000 followed by 6.277 levels.

 

The expected trading range for today is between 5.550 and 6.000

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1292
0.0049
0.4339%
1.3338
-0.0068
0.5042%
Tadawul
11299.45
-68.73
0.60%
23.648
-0.839
3.428%
74.176
-1.674
2.207%
77.55
-4.71
5.73%
1808.835
-9.000
0.495%
 
 
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