U.S. NATURAL GAS - BEARISH DIVERGENCE DETECTED
U.S. NATURAL GAS - BEARISH DIVERGENCE DETECTED🕵🏻♂️
The Natural gas has been trading bullish for 7 days in a row since last Wednesday, reaching the 3.6000 resistance level. Primarily this happened due to a warm weather in the U.S. states, that supports the demand on gas. Despite warmer-than-normal
Natgas long term target 4Natural Gas (NATGAS) | 4H Chart Analysis
We are seeing a strong technical setup developing on Natural Gas. Price has recently bounced off a key ascending trendline support around the 3.00–3.10 area, with clear higher timeframe structure still intact.
Trade Plan:
Entry: Around 3.10, after confirmi
Natural Gas Price Drops by 7%Natural Gas Price Drops by 7%
As the XNG/USD chart shows today, natural gas is trading around $3.333/MMBtu, although yesterday morning the price was approximately 7% higher.
According to Reuters, the decline in gas prices is driven by:
→ Record-high production levels. LSEG reported that averag
Natural Gas is in the Buying DirectionHello Traders
In This Chart NATGAS HOURLY Forex Forecast By FOREX PLANET
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U.S. NATURAL GAS - BEARISH WEDGE WORKED OUT. WHAT'S NEXT?U.S. NATURAL GAS - BEARISH WEDGE WORKED OUT. WHAT'S NEXT?
Today, the market opened 2.66% below its closing price on Friday. The current price has already fallen on 4.8% since the closing on Friday, and it is now above the 3.400 support level. I expect further decline, however, with a possible rebou
NATURAL GAS - REBOUND FROM THE MAJOR TRENDLINE AND ANOTHER LONG CAPITALCOM:NATURALGAS
Last week on Wednesday and Thursday we observed the false breakout of the major trendline. Eventually, Thursday ended up bullish, gaining 4.8% day-to-day. On Friday the asset has been trading majorly sideways, retesting the major trendline (pic 1). Technically, looks like
Heatwave Fuels Breakout as Fundamentals AlignNatural Gas has reclaimed the spotlight with a sharp move above $3.56, breaking through a key resistance level as a heatwave grips large parts of the United States. With above-average temperatures forecast to persist into late July, demand for cooling remains elevated, significantly boosting power c
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Displays a symbol's price movements over previous years to identify recurring trends.