NGAS

For NGCUSD, updates indicating that the weather will be warmer than previously expected in the US in the next two weeks have been effective in suppressing natural gas futures. In addition to the expectation that this will be reflected in natural gas stocks, the fact that gas flow from the Freeport LNG facility is not yet expected to be high also supports this picture. The course of European and US stock exchanges can be followed during the day. As long as the pricing remains below the 1.72 resistance in the upcoming period, a downward view may be in the foreground. In possible declines, 1.66 and 1.61 levels can be targeted. In possible recoveries, as long as the 1.72 resistance remains current, new downward potential may occur. Therefore, it may be necessary to see the course above 1.72 and 4-hour closings for the continuation of the upward desire. In this case, 1.78 and 1.83 levels may come to the agenda. Support: 1.66 - 1.61 Resistance: 1.72 - 1.78