NGAS

image

NGAS

US natural gas futures have once again brought the upward trend to the forefront with the positive trend regarding the demand outlook. 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 2.57 - 2.52 support supported by the 20 and 50-period exponential moving averages, the upward trend may be at the forefront. In possible increases, 2.69 and 2.75 levels can be targeted. In possible decreases, the attitude of the 2.57 - 2.52 support can be monitored. The breakdown of this support and hourly closings in the region may bring the 2.49 and 2.45 levels to our agenda. Support: 2.57 - 2.52 Resistance: 2.69 - 2.75