NGAS

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NGAS

The US natural gas futures contract had tried to recover its losses in the second half of last week, as stocks increased below expectations and flows to liquid natural gas facilities increased compared to the previous week. After the maturity change, we are following prices just below $2. The $2 region is a region we follow closely, especially for medium-term outlook and daily closings. The course of European and US stock markets can be followed during the day. As long as pricing moves within the 1.72 - 1.76 region in the upcoming period, the decision-making phase scenario may be valid. 4-hour closings outside the region can be followed for direction search. If increases continue and persistence is seen above the 1.76 resistance, 1.78 and 1.82 levels may be encountered. If possible declines occur and persistent pricing occurs below the 1.70 level, 1.68 and 1.66 levels may come to the agenda. Support: 1.68 - 1.66 Resistance: 1.76 - 1.78