NGAS

NGAS

US natural gas futures maintained their gains despite the milder weather forecasts, maintaining their course above averages. The course of European and US stock markets can be followed during the day. As long as the prices remain above the 2.55-2.49 support supported by the 20 and 50-period exponential moving averages, an upward outlook may be at the forefront. In possible increases, 2.74 and 2.79 levels can be targeted. In possible decreases, the attitude of the 2.65-2.59 support can be followed. A break of this support and possible hourly closings in the region may bring the 2.55 and 2.49 levels to our agenda. Support: 2.65-2.59 Resistance: 2.74-2.79