NGAS

NGAS

In the US, natural gas futures have shown an effort to recover, along with the US production, which is expected to decline due to the course close to the weakest prices in the last 3 years, and relatively strong demand. The course of the US stock markets and the US inflation data can be followed during the day. As long as the pricing remains at and above the 1,830-1,800 support in the upcoming period, an upward outlook may be at the forefront. In possible increases, the 1,890 and 1,920 levels can be targeted. In possible decreases, as long as the 1,830-1,800 support remains current, a new uptrend may occur. Therefore, it may be necessary to see the course below 1,830 and hourly closings for the continuation of the downward desire. In this case, the 1,810 and 1,785 levels may come to the agenda. Support: 1.83-1.80 Resistance: 1.89-1.92