Natural gas price takes advantage of stochastic positivity – Forecast today – 18-3-2024

Economies.com
2024-03-18 06:35AM UTC

Despite natural gas price recent weak trades, the frequent stability above 1.540 level and stochastic attempt to provide the positive momentum support our expectation of attempting to provide strong bullish waves in the near-term and medium-term period.

 

We expect to start forming bullish waves soon to surpass 1.810 followed by attempting to renew the pressure on 2.000 barrier in order to find a way to resume the rise in the upcoming period.

 

The expected trading range for today is between 1.650 and 1.810

 

Trend forecast: Bullish

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