The Natural Gas Will Jump from a Support LevelHello Traders
In This Chart Natural Gas HOURLY Forex Forecast By FOREX PLANET
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About Natural Gas (Henry Hub)
Natural Gas (NGAS) is a fossil fuel formed from plants and animals buried underground and exposed to extreme heat and pressure. Natural gas is used domestically for cooking, as a power source, in agriculture, and in industrial manufacturing. Natural gas prices fluctuate constantly depending mainly on production issues, stockpiles, weather conditions, economic growth, crude oil prices, and more recently coal. Natural gas is commonly measured in MMBtu, with 1 MMBTu equaling 1 million BTU (British Thermal Units).
Natural Gas Demolishes Shorts! Will The Move Hold?U.S. natural gas was up sharply today as some colder weather shows up in the temperature forecasts.
The fundamentals based off of previous inventories show slightly lower demand expectations.
This move could be a one off pop, it certainly needs to be reinforced by Thursdays inventory number to b
U.S. Natural Gas — mild weather weighs, trend stays bearishU.S. Natural Gas — mild weather weighs, trend stays bearish
U.S. natural gas fell for a third straight session as the latest EIA report showed an 80 Bcf build, leaving inventories 4.3% above the 5-year average. Analysts cite mild weather and an oversupplied market as key drivers.
Production remains
Natural Gas Full Bear After Inventories!Natural GAs plummeted today on inventory report.
The consensus was for 76BCF build but came in higher at 80BCF build.
This demonstrates less demand and higher production.
The technical picture is slowly starting to breakdown for Nat Gas...the bulls need to do something quick to firm up price o
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🎯 Confirmed Bull Trend: The price has br
LNG Week 42: 87 BCF Storage Rise Meets Warm Weather Volatility*Due to the platform's features, the charts are arranged in sequence from left to right, from the first to the Eighth chart. The charts were created by our team and based on an analysis from Bloomberg and the EIA data.
Current prices compared to price dispersion 10 days before expiration by month
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Displays a symbol's price movements over previous years to identify recurring trends.