NGCUSD

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NGCUSD

Despite the high production levels, US natural gas futures have recovered in quantity, with cooling demand expected to increase with air temperatures and a relatively strong export outlook. The course of European and US stock markets can be followed during the day. As long as prices remain above the 2.04 - 1.99 support, an upward outlook may be at the forefront. In possible increases, 2.18 - 2.25 levels can be targeted. In possible decreases, the attitude of the 2.04 - 1.99 support can be monitored. A break of this support and possible hourly closings in the region may bring the 1.94 and 1.88 levels to our agenda. Support: 2.04 - 1.99 Resistance: 2.18 - 2.25