NGCUSD

US natural gas futures are trading near their lowest levels since early May. High levels of inventories and production levels are seen as the main factors creating pressure. The course of European and US stock markets can be followed during the day. As long as prices remain above the 1.98-1.92 support, an upward outlook may be at the forefront. In possible increases, 2.08-2.15 levels can be targeted. In possible decreases, the attitude of the 1.98-1.92 support can be monitored. A break of this support and possible hourly closings in the region may bring the 1.88 and 1.82 levels to our agenda. Support: 1.98-1.92 Resistance: 2.08-2.15