NGAS

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NGAS

US natural gas futures have highlighted the upward effort with the idea that the hot weather forecasts in the country will increase the demand for natural gas by electricity producers. With the increases that occurred yesterday, we are following the course above the averages. The course of European and US stock markets can be followed during the day. Since we are far from all averages, we will follow the support areas in the region for now. As long as the prices remain at and above the 1.80 - 1.76 support, the upward view may be one step ahead. In possible increases, 1.86 and 1.92 levels can be targeted. In decreases, as long as the 1.80 - 1.76 support remains current, new upward potential may occur. 4-hour closings below 1.76 may cause the correction area to expand and the averages to be questioned. Support: 1.80 - 1.76 Resistance: 1.86 - 1.92