NGAS

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NGAS

US natural gas futures were subject to profit taking again after the increase they made yesterday. In general, the cooling demand and export demand in the US continue to be monitored due to weather conditions. The course of European and US stock markets can be followed during the day. In addition to weather conditions, stock and production figures will be monitored throughout the week. As long as the prices remain above the 2.47 - 2.42 support supported by the 20 and 50-period exponential moving averages, the upward view may be at the forefront. In possible increases, 2.59 and 2.65 levels can be targeted. In possible decreases, the attitude of the 2.47 - 2.42 support can be monitored. The breakdown of this support and hourly closings in the region may bring the 2.39 and 2.35 levels to our agenda. Support: 2.47 - 2.42 Resistance: 2.59 - 2.65