Natural gas price touches the first target – Analysis – 14-10-2021

2021-10-14 05:01:32 GMT (Economies.com)
 

Natural gas price gained new positive momentum yesterday as stochastic reach the overbought areas, to notice surpassing the moving average 55 and recording new positive targets by reaching the first target at 5.750.

 

The price stability within the bullish channel and getting more positive momentum by the major indicators support the continuation of the positivity, to keep waiting to reach new positive stations that might extend to 5.920 and 6.270.

 

The expected trading range for today is between 5.600 and 5.920

 

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%
 
 
Live Forex Updates