Natural gas price still bullish – Analysis – 24-8-2020
Economies.com
2020-08-24 05:42AM UTC
Despite Natural gas price forming some sideways fluctuation recently, its positive consolidation above 2.275 support supports our bullish overview in the near term and medium term period.
Note that stochastic fluctuation near 80 level will increase the chances of gathering the positive momentum to manage to form new bullish trades and target many targets that start at 2.560 followed by reaching 38.2% Fibonacci correction level at 2.780.
The expected trading range for today is between 2.300 and 2.560
The expected trend for today: Bullish
Commodities News
Commodities
Gold logs in first weekly loss in five weeks
2024-04-26 18:34PM UTC
Gold prices rose on Friday, shrugging off a surge by the dollar index following upbeat data, ...
Commodities
Palladium tumbles below $1000 an ounce once again
2024-04-26 15:34PM UTC
Palladium prices fell on Friday as the dollar rose against most major rivals, with the industrial ...
Commodities
Oil prices park at week high as US inventories drop
2024-04-26 13:14PM UTC
Oil prices rose in European trade on Friday, extending gains for the second straight session, with ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 26-04-2024
2024-04-26 11:01AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price shows additional positive ...
Commodities
Crude oil price forecast update 26-04-2024
2024-04-26 11:01AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price keeps its stability above ...
Commodities
Silver price forecast update 26-04-2024
2024-04-26 11:00AM UTC
Silver Price Analysis Expected Scenario Silver price provides slight positive trades to ...