Natural gas price attempts to get rid of the negative pressures – Forecast today – 14-3-2024

Despite facing continuous negative pressures by the major indicators, we notice the frequent stability of natural gas price above the historical support 1.540, to decrease the chance of suffering any additional losses.

We expect to provide more mixed sideways trades to attempt to face the negative pressures and increase the chances of gathering the positive momentum again, to manage to cover the losses and target some positive stations that start at 1.810 followed by reaching 2.000 barrier.

The expected trading range for today is between 1.610 and 1.750

Trend forecast: Sideways