Natural Gas price flirts with a fresh 2023 high (www.fxstreet.com)
Natural Gas prices jump to $3.42 as tension builds around possible invasion. The US Dollar reclaims its status as King Dollar
Natural gas had broken the trading range and achieved $3.6 per contract. Given the situation in the commodity markets, natural gas may continue moving higher after testing the $3.2-$3.4 level.
Natural gas had broken the trading range and achieved $3.6 per contract. Given the situation in the commodity markets, natural gas may continue moving higher after testing the $3.2-$3.4 level.
Nat Gas could trade between $2.80 and $3.40 for a while, sideways trading is an easy environment to buy at support (Red Line) and sell at resistance (Green Line).
There is a Gap in the chart which could mean $4.50 would be the upper end of the target during the cold winter months if Gas supplies drop and demand rises, Purple Line. $5.00 would be a major zone of...
The long idea continues to play out on NATGAS.
We had a recent retest of the upsloping 20ema which has just crossed over the 200dma which has now flattened out.
First target = 4.30
Stoploss = 2.75
Crossing Event: When the 20 EMA crosses above the 200 DMA, it’s often seen as a bullish signal, indicating that short-term momentum is rising faster than the...
checking the widowmaker for old time's sake
bouncing for now with stoch trying to turn up
could be a quickie long but recon we deviate below this range at some point
that would be your entry for a long term ride to double digits with a stop at below ATL or a reclaim of current range low
sometimes 1 trade is all it takes if executed properly, trend is your...
NATGAS bearish downtrend/broke support from 2020/2021 but the selling pressure is really slowing down now
break back above support (2.50) + break of TL resistance = rally back to 3.45-4.73-5.68 🎯
boost and follow if this helped! thanks 😏
Natural Gas - Elliott Wave Count
this is an update to the previous view.
Today, the market reached a new low after a few consecutive days of decline. The current reversal appears to be the start of wave C of 4. However, it is best not to rush into buying at this moment. We can anticipate another low after the completion of wave 4, which will be an excellent...
Natural gas - Elliott wave count
Weekly chart seems like bearish which is completely opposite to our view which we posted earlier.. this bearish view also possible so better be careful or atleast wait for some good reversal signal to take buy.
This is an update to the previous view posted.
Natural Gas: It Moved Down More Than Expected
Natural gas has been very volatile recently.
During these daysNG price moved down at a time when OIL and precious metals were growing.
I'm not a big fan of NG as it tends to create a lot of fake patterns.
However, the price is again offering a bullish pattern and it is likely to rise further.
So let's see what...
After the prolific run last year, Nat Gas has struggled but now it has broken out of $3 barrier and currently testing previous resistance.
Seasonals are good here with up to mid of November, suggesting higher prices.
Any unwelcomed activity in Strait of Hormuz can really send Nat Gas flying.
Natural gas prices across the US and Europe surged into multi-month highs this month, as the attack of Israel suddenly brought huge concerns around a Middle Eastern conflict that could have huge implications for trade and energy security going forward. Qatar is one of the main nations who could have significant influence over the coming weeks, with the country...
