Natural Gas – Rejection From Supply Zone, Possible Move LowerNatural Gas recently pushed into a key supply area around 3.20–3.27, where price has previously shown strong selling pressure. After the impulsive move up from the March lows, the market is now starting to lose momentum inside this resistance zone.
As long as price remains below the 3.27 resistance
CFDs on Natural Gas
No trades
Natural Gas Prices Rise Amid Middle East ConflictNatural Gas Prices Rise Amid Middle East Conflict
The recent strike by Israel and the US, along with Iran’s retaliatory actions, has pushed energy asset prices higher. Yesterday, we reported on a bullish gap in oil markets, and while US natural gas prices have not surged as sharply, they are also
Natural Gas Approaches Strong Psychological ZoneNatural Gas Approaches Strong Psychological Zone
On the daily chart we can see that natural gas faced strong support near 2.73, where it was rejected several times over the past few years.
The U.S-Iran war gave a hand to the price to reach near to this strong support zone where it was holding for
XNGUSD, Supply Shocks, Seasonals and COT getting allignedIn recent turn of events, This war is making energy price sky rocket. with WTI and BRENT giving highest intra day gain in past 3 years, other energy prices will follow.
Closure of Strait of Hormuz is putting a great challenge in maintains oil ad gas supplies steady.
Giving this scenario XNG is hav
Natural Gas $NG Long — Cup & Handle Increasing Breakout OddsStill holding Natural Gas VANTAGE:NG futures long.
The developing cup-and-handle pattern is increasing the probability of the trade.
After winter, U.S. gas storage needs to be replenished, and LNG shipments to Europe are also expected to increase. AMEX:UNG
Natural Gas: The last line of Defense...A make-or-break moment for Natural Gas. Either the sellers defend the Jan 15-16 liquidity zone, or we see a massive short squeeze above 3.183. The battlefield at 3.06 will decide the direction of the next medium-term move.
Technicals:
- Target Reached: the asset reached its first medium-term t
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.









