Natural gas price tests the initial support – Analysis – 11-9-2020
Economies.com
2020-09-11 07:23AM UTC
Natural gas price touched the initial support line at 2.280, affected by stochastic negativity that moves at the oversold areas.
Renewing the bullish attempts requires the stability above the current support, to expect rallying towards 2.480 followed by reaching the first main target at 2.780, while facing continuous negative pressures and declining below this support will confirm renewing the correctional bearish attempts to suffer additional losses that might extend to 2.080.
The expected trading range for today is between 2.280 and 2.480
The expected trend for today: Bullish
Commodities News
Commodities
Silver gives up 12-year peak on profit-taking
2024-05-21 11:17AM UTC
Silver prices fell in European trade on Tuesday for the first time in three days away from 12-year ...
Commodities
Gold gives up record high on profit-taking
2024-05-21 09:42AM UTC
Gold prices fell in European trade on Tuesday for the first session in three days, giving up record ...
Commodities
Gold prices mount to fresh record highs for second straight session
2024-05-20 19:53PM UTC
Gold prices rose on Monday to a fresh record high while the dollar inched up against most main ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 21-05-2024
2024-05-21 10:08AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price crawls downwards to test the ...
Commodities
Crude oil price forecast update 21-05-2024
2024-05-21 10:08AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price provides new negative trades ...
Commodities
Silver price forecast update 21-05-2024
2024-05-21 10:08AM UTC
Silver Price Analysis Expected Scenario Silver price shows some bullish bias after ...