Natural Gas Price Analysis: XNG/USD eyes further upside past $2.30 on crossing nearby key hurdle Gas Technical Analysis Commodities Energy ChartPatterns
ort around $2.30, during early Tuesday in Europe. In doing so, the energy instrument bounces off seven-week-old horizontal support.
With this, the Natural Gas price is all set to challenge the six-week-old horizontal resistance area including the 200-SMA, around $2.47-48 by the press time. On the flip side, the resistance-turned-support confluence restricts the short-term downside of the Natural Gas price to around $2.28. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Natural Gas Price Forecast: XNG/USD portrays corrective bounce at 20-month low near $2.15Natural Gas Price Forecast: XNG/USD portrays corrective bounce at 20-month low near $2.15 – by anilpanchal7 Gas Commodities RiskAppetite Recession China
Read more »
Campers stranded after well bursts, leaking natural gas in Grand CountyIt’s been over 58 hours since a wellhead burst in Grand County, releasing thousands of pounds of natural gas and causing campers to evacuate.
Read more »
Nobody painted these glowing pink springhares—their Day-Glo is all naturalGlowing pink springhares might sound like a lab experiment, but their biofluorescence is an entirely natural phenomenon.
Read more »
Finding that 'natural high': These skaters are using their skateboards to battle addictionSan Diego ‘90s skating prodigy Brandon Turner is teaching others to focus on their mental health while on a skateboard.
Read more »
Western Colorado safest region in country against rising tide of natural disastersRodney King heads up emergency management efforts in Conejos County, drafting plans to protect residents from the worst-case scenarios. But when it comes to having to act on those plans, not much c…
Read more »
Stocks making the biggest moves premarket: Micron, Pioneer Natural Resources, Tesla and moreThese are the stocks posting the largest moves before the bell.
Read more »