Natural gas price tends towards the positivity – Forecast today – 15-3-2024

Economies.com
2024-03-15 07:59AM UTC

Natural gas price confirmed facing the negative pressures by providing new closings above the major support 1.540, to notice forming bullish wave yesterday and settling near 1.760.

 

Now, stochastic exit from the oversold areas confirms getting rid of the negative pressures, to increase the chances of gathering the required positive momentum to motivate the bullish track, which might target 1.810 followed by reaching 2.000 barrier.

 

The expected trading range for today is between 1.650 and 1.810

 

Trend forecast: Bullish

Commodities News

Gold News

Commodities

Gold about to trade above $2400
2024-05-16 09:55AM UTC
Gold prices rose in European trade on Thursday, extending gains for the third straight session and ...
Steel News

Commodities

Nickel edges up as dollar tumbles
2024-05-15 15:57PM UTC
Nickel prices rose on Wednesday as the dollar slid against major rivals following major US ...
Oil News

Commodities

Oil prices slide to 3-month trough on grim outlook for global demand
2024-05-15 14:37PM UTC
Global oil prices skidded in American trade on Wednesday to three-month lows, sharpening losses for ...

Commodities Technical Analysis

Brent oil Analysis

Commodities

Brent oil price forecast update 16-05-2024
2024-05-16 09:26AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price shows weak trades since morning, ...
Oil Analysis

Commodities

Crude oil price forecast update 16-05-2024
2024-05-16 09:26AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price finds good resistance formed by ...
Silver Analysis

Commodities

Silver price forecast update 16-05-2024
2024-05-16 09:26AM UTC
  Silver Price Analysis Expected Scenario Silver price shows sideways trades since ...