NGCUSD

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NGCUSD

U.S. natural gas futures continued their downward trend due to the lowering of air temperature forecasts and the inactivity of the Freeport liquid natural gas facilities due to Hurricane Beryl. The lowest levels since early May have been tested. The course of European and U.S. stock markets and the stock figures to be announced by the U.S. Energy Information Administration can be followed during the day. As long as prices remain above the 1.93-1.87 support, an upward outlook may be at the forefront. In possible increases, 2.05 and 2.12 levels can be targeted. In possible decreases, the attitude of the 1.93-1.87 support can be monitored. A break of this support and hourly closings in the region may bring the 1.82 and 1.76 levels to our agenda. Support: 1.93-1.87 Resistance: 2.05-2.12