NGCUSD

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NGCUSD

While US natural gas futures were suppressed last week after weather forecasts indicated cooler conditions, we see this pattern continuing with the opening of the new week. In addition to the effects of weather forecasts during the week, US stock and production figures will continue to be monitored. As long as prices remain above the 1.82 - 1.78 support, an upward trend may be at the forefront. In possible increases, 1.95 - 2.02 levels may be targeted. In possible decreases, the attitude of the 1.82 - 1.78 support may be monitored. A break of this support and possible hourly closings in the region may bring the 1.70 and 1.64 levels to our agenda. Support: 1.82 - 1.78 Resistance: 1.95 - 2.02