NGAS

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NGAS

US natural gas futures started the week on the rise with warm weather forecasts for the later periods of June. The course of European and US stock markets can be followed during the day. As long as the prices remain above the 2.80 - 2.74 support supported by the 20 and 50-period exponential moving averages, an upward outlook may be at the forefront. In possible increases, 2.94 and 2.99 levels can be targeted. In possible decreases, the attitude of the 2.80 - 2.74 support can be followed. The breakdown of this support and possible hourly closings in the region may bring the 2.65 and 2.59 levels to our agenda. Support: 2.80 - 2.74 Resistance: 2.94 - 2.99