NGAS

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NGAS

The weather forecasts for March 23-27 in the US supported heating demand expectations, which was effective in starting the week with an effective increase in natural gas prices. However, after the opening, we generally followed a course that turned into a band movement again. The high stock levels and the fact that a part of the Freeport LNG facility is still inactive are also effective in this. The course of the European and US stock exchanges can be followed during the day. As long as the pricing remains at and above the 1.68-1.63 support level in the upcoming process, an upward view may be at the forefront. In possible increases, 1.76 and 1.82 levels can be targeted. In possible decreases, as long as the 1.68-1.63 support level remains current, a new increase potential may occur. Therefore, it may be necessary to see the course below 1.65 and 4-hour closings for the continuation of the decrease demand. In this case, the 1.59 and 1.54 levels may come to the agenda. Support: 1.68-1.63 Resistance: 1.76-1.82