The uptrend may be expected to continue, while market is trading above support level 2.085, which will be followed by reaching resistance level 2.480 and 2.700.
A downtrend will start soon, as the market drops below support level 2.085, which will be followed by moving down to support level 1.910 - 1.700.
Previous week natural gas forecast chart
Fundamental Analysis
The difference between supply and demand is showing fair price on the level 2.7.
Long-Term Forecast (Quarter III: July - September, 2020)
The uptrend may be expected to continue, while the market is trading above support level 2.160, which will be followed by reaching resistance level 2.700.
An downtrend will start soon, as the market drops below support level 2.160, which will be followed by moving down to support level 1.640.
Comments
Log in or sign up to join the conversation.