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Natural Gas

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1Natural Gas Empty Re: Natural Gas Thu Dec 06, 2018 11:01 am

Yuri

Yuri
Moderator

NATURAL GAS: The technical situation is largely uncertain

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Below 6.32 USD the NATURAL GAS is evolving toward 3.31 USD over the short term. The clearing of 6.32 USD would invalidate this opinion and open the door for 6.98 USD.

Opinion Short Term

  • Negative
  • Resistance 1 £5.65
  • Support 1 £3.31

Opinion Medium Term

  • Bearish
  • Resistance 2 £6.32
  • Support 2 £2.64


The MACD is positive but lower than its signal line. The dynamic in progress has been interrupted. If the MACD were to turn negative, the price correction could continue. Powerful indicators like the RSI, are not giving us any particular indications in the short term. The Stochastics indicators are not giving any clear signals for the coming days. The volumes traded are less than the average volumes over the last 10 days.

The commodity is positioned to the upside. It is above its 50-day moving average. The position of the 20-day moving average (higher than the 50-day moving average) means that this commodity is reliable in the medium term. The first buy levels are on the supports situated at 3.31 USD, then at 2.64 USD; only the resistances, placed at 5.65 USD, then at 6.32 USD, could contain the prices.

2Natural Gas Empty Re: Natural Gas Tue Oct 30, 2018 12:38 pm

Yuri

Yuri
Moderator

NATURAL GAS: The technical situation is largely uncertain

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Below 3.55 USD the NATURAL GAS is evolving toward 2.87 USD over the short term. The clearing of 3.55 USD would invalidate this opinion and open the door for 3.7 USD.

Opinion Short Term

  • Negative
  • Resistance 1 £3.41
  • Support 1 £2.87

Opinion Medium Term

  • Bearish
  • Resistance 2 £3.55
  • Support 2 £2.78


The MACD is positive but lower than its signal line. The dynamic in progress has been interrupted. If the MACD were to turn negative, the price correction could continue. Powerful indicators like the RSI, are not giving us any particular indications in the short term. The Stochastics indicators are not giving any clear signals for the coming days. The volumes traded are more than the average volumes over the last 10 days.

After a recent high at 3.32 USD the commodity corrected towards the 50-day moving average 3.03: the price reaction on this level allows us to envisage a continuation of this movement in the medium term. The first buy points (or short-term supports) are at 2.87 USD and 2.78 USD. The resistances are at 3.41 USD and 3.55 USD.

3Natural Gas Empty Re: Natural Gas Tue Sep 11, 2018 12:22 pm

dzonefx

dzonefx
Moderator

NATURAL GAS
The bearish trend can resume

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Below 2.89 USD the major trend remains bearish 2.63 USD and then 2.57 USD are in the line of sight. The surpassing of 2.89 USD would cancel this anticipation and favor a recovery toward 2.95 USD.

Opinion Short Term

  • Negative
  • Resistance 1 2.89
  • Support 1 2.63

Opinion Medium Term

  • Bearish
  • Resistance 2 2.95
  • Support 2 2.57

Statisitcs

  • Last Price 2.81 USD
  • MACD -0.02
  • MA 20 2.89
  • MA 50 2.85
  • Stochastics 11.19
  • RSI 42.98


The MACD is negative and lower than its signal line. This configuration is damaging the commodity perspectives. The RSI is not yet indicating an oversold situation, so a continuation of the fall is technically possible. At less than 20, the Stochastics are extermely low. The volumes traded are more than the average volumes over the last 10 days.

The bullish movement seems to have stopped. The commodity is under its 50-day moving average located at 2.85. The first support is at 2.63 USD and, in the event of a breach of this level, a continuation of the correction towards 2.57 USD is possible; to the upside, the first resistance is at 2.89 USD, then the strongest level is at 2.95 USD.

4Natural Gas Empty Re: Natural Gas Tue Sep 04, 2018 5:48 pm

Yuri

Yuri
Moderator

NATURAL GAS: A consolidation towards the supports is likely

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As long as 3.1 USD continues to be a resistance, the movement may join 2.78 USD over the short term. The surpassing of 3.1 USD would invalidate this opinion and open the door for 3.18 USD.

Opinion Short Term

  • Negative
  • Resistance 1 3.03
  • Support 1 2.78

Opinion Medium Term

  • Bearish
  • Resistance 2 3.10
  • Support 2 2.71

Statistics

  • Last Price 2.86 USD
  • MACD 0.01
  • MA 20 2.92
  • MA 50 2.86
  • Stochastics 31.49
  • RSI 46.06


The MACD is positive but lower than its signal line. The dynamic in progress has been interrupted. If the MACD were to turn negative, the price correction could continue. The RSI value is less than 50: this confirms the weakness of prices. The Stochastics indicators are not giving any clear signals for the coming days. The volumes traded are less than the average volumes over the last 10 days.

The bullish movement seems to have stopped. The commodity is under its 50-day moving average located at 2.86. The first support is at 2.78 USD and, in the event of a breach of this level, a continuation of the correction towards 2.71 USD is possible; to the upside, the first resistance is at 3.03 USD, then the strongest level is at 3.1 USD.

5Natural Gas Empty Re: Natural Gas Mon Sep 03, 2018 11:04 am

Yuri

Yuri
Moderator

NATURAL GAS: The technical situation is largely uncertain



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Below 3.07 USD the NATURAL GAS is evolving toward 2.74 USD over the short term. The clearing of 3.07 USD would invalidate this opinion and open the door for 3.14 USD.

Opinion Short Term:
-  Negative
-  Resistance 1 3.00
-  Support 1 2.74


Opinion Medium Term:
-  Bearish
-  Resistance 2 3.07
-  Support 2 2.67

Statistics:
-  Last Price 2.92 USD
-  MACD 0.01
-  MA 20 2.92
-  MA 50 2.86
-  Stochastics 36.34
-  RSI 53.53

The MACD is positive but lower than its signal line. The dynamic in progress has been interrupted. If the MACD were to turn negative, the price correction could continue. Powerful indicators like the RSI, are not giving us any particular indications in the short term. The Stochastics indicators are not giving any clear signals for the coming days. The volumes traded are more than the average volumes over the last 10 days.

After a recent high at 2.98 USD the commodity corrected towards the 50-day moving average 2.86: the price reaction on this level allows us to envisage a continuation of this movement in the medium term. The first buy points (or short-term supports) are at 2.74 USD and 2.67 USD. The resistances are at 3 USD and 3.07 USD.

6Natural Gas Empty Re: Natural Gas Fri Aug 31, 2018 12:17 pm

dzonefx

dzonefx
Moderator

NATURAL GAS: A consolidation towards the supports is likely

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As long as 3.04 USD continues to be a resistance, the movement may join 2.72 USD over the short term. The surpassing of 3.04 USD would invalidate this opinion and open the door for 3.08 USD.

The MACD is positive but lower than its signal line. The dynamic in progress has been interrupted. If the MACD were to turn negative, the price correction could continue. The RSI value is less than 50: this confirms the weakness of prices. The Stochastics are very low and do not incite us to favour a correction. The volumes traded are more than the average volumes over the last 10 days.

After a recent high at 2.98 USD the commodity corrected towards the 50-day moving average 2.86: the price reaction on this level allows us to envisage a continuation of this movement in the medium term. The first buy points (or short-term supports) are at 2.72 USD and 2.68 USD. The resistances are at 2.96 USD and 3.04 USD.

7Natural Gas Empty Re: Natural Gas Thu Aug 30, 2018 3:45 pm

Yuri

Yuri
Moderator

NATURAL GAS: A consolidation towards the supports is likely

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As long as 3.05 USD continues to be a resistance, the movement may join 2.74 USD over the short term. The surpassing of 3.05 USD would invalidate this opinion and open the door for 3.1 USD.

The MACD is positive but lower than its signal line. The dynamic in progress has been interrupted. If the MACD were to turn negative, the price correction could continue. The RSI value is less than 50: this confirms the weakness of prices. The Stochastics are very low and do not incite us to favour a correction. The volumes traded are more than the average volumes over the last 10 days.

After a recent high at 2.98 USD the commodity corrected towards the 50-day moving average 2.87: the price reaction on this level allows us to envisage a continuation of this movement in the medium term. The first buy points (or short-term supports) are at 2.74 USD and 2.69 USD. The resistances are at 3.01 USD and 3.05 USD.

8Natural Gas Empty Re: Natural Gas Mon Apr 02, 2018 1:41 pm

dzonefx

dzonefx
Moderator

Negligible risk in the medium term
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INDICATOR

  • Opinion Short Term Neutral
  • Resistance 1 2.87USD
  • Support 1 2.53USD
  • Opinion Mid Term Bearish
  • Support 2 2.48USD
  • Resistance 2 2.92USD


STRATEGY
As long as 2.48 USD remains a support, the movement may join 2.87 USD over the short term. The breaking of 2.48 USD would invalidate this opinion and open the door for 2.42 USD.

SUMMARY
The MACD is negative but is situated above its signal line: the trend is changing. Now, the MACD must clear zero for the rise to continue in the coming days. The RSI is above 50, this confirms the sound positioning of the commodity The Stochastics indicators are not giving any clear signals for the coming days. The volumes traded are more than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
Since the recent low at 2.59 USD the commodity has been in a phase of technical recovery towards its 50-day moving average located at 2.81: the price reaction on this level will allow us to envisage a continuation of the movement in the medium term. To alleviate this position, we could wait to test the short-term resistances located at 2.87 USD and 2.92 USD. The supports are at 2.53 USD then at 2.48 USD .

9Natural Gas Empty Re: Natural Gas Thu Mar 15, 2018 10:28 am

ForexSRB

ForexSRB

Possible pull back on supports
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INDICATOR
Opinion Short Term Positive
Resistance 1 2.95USD
Support 1 2.62USD
Opinion Mid Term Bearish
Support 2 2.55USD
Resistance 2 3.02USD

STRATEGY
Above 2.55 USD the NATURAL GAS is heading toward 2.95 USD over the short term. Below 2.55 USD the movement would reverse and then correct toward 2.48 USD.

SUMMARY
The MACD is negative but is situated above its signal line: the trend is changing. Now, the MACD must clear zero for the rise to continue in the coming days. The main indicator of the movement's strength (RSI) shows that the technical situation is quite healthy, as it is not overbought. The volumes traded are more than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
Since the recent low at 2.56 USD the commodity has been in a phase of technical recovery towards its 50-day moving average located at 2.89: the price reaction on this level will allow us to envisage a continuation of the movement in the medium term. To alleviate this position, we could wait to test the short-term resistances located at 2.95 USD and 3.02 USD. The supports are at 2.62 USD then at 2.55 USD .

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10Natural Gas Empty Re: Natural Gas Wed Mar 14, 2018 10:06 am

Yuri

Yuri
Moderator

Negligible risk in the medium term
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INDICATOR

  • Opinion Short Term Neutral
  • Resistance 1 2.95USD
  • Support 1 2.61USD
  • Opinion Mid Term Bearish
  • Support 2 2.54USD
  • Resistance 2 3.02USD



STRATEGY
As long as 2.54 USD remains a support, the movement may join 2.95 USD over the short term. The breaking of 2.54 USD would invalidate this opinion and open the door for 2.47 USD.

SUMMARY
The MACD is negative but is situated above its signal line: the trend is changing. Now, the MACD must clear zero for the rise to continue in the coming days. The RSI is above 50, this confirms the sound positioning of the commodity But the Stochastics indicators are high, which calls for prudence in the very short-term. The volumes traded are less than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
Since the recent low at 2.55 USD the commodity has been in a phase of technical recovery towards its 50-day moving average located at 2.89: the price reaction on this level will allow us to envisage a continuation of the movement in the medium term. To alleviate this position, we could wait to test the short-term resistances located at 2.95 USD and 3.02 USD. The supports are at 2.61 USD then at 2.54 USD .

11Natural Gas Empty Re: Natural Gas Mon Dec 25, 2017 8:57 am

dzonefx

dzonefx
Moderator

Natural Gas, continuation (F8), NewYork : The bearish trend can resume
Date of analysis 25 December 17
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INDICATOR
Opinion Short Term Negative
Resistance 1 3.01USD
Support 1 2.3USD
Opinion Mid Term Bearish
Support 2 2.12USD
Resistance 2 3.19USD

STRATEGY
Below 3.01 USD the major trend remains bearish 2.3 USD and then 2.12 USD are in the line of sight. The surpassing of 3.01 USD would cancel this anticipation and favor a recovery toward 3.19 USD.

SUMMARY
The MACD is negative and lower than its signal line. This configuration is damaging the commodity perspectives. The RSI is not yet indicating an oversold situation, so a continuation of the fall is technically possible. At less than 20, the Stochastics are extermely low. The volumes traded are less than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
The commodity is oriented to the downside. It is under its 50-day moving average located at 2.94. The 20-day moving average (lower than the 50-day moving average) is maintaining the prices under medium-term sell pressure. Our first support is at 2.3 USD and the next is at 2.12 USD; the resistances, located at 3.01 USD and at 3.19 USD must be exceeded for the trend to undergo a reversal.

12Natural Gas Empty Re: Natural Gas Fri Dec 22, 2017 4:43 pm

ForexSRB

ForexSRB

Natural Gas, continuation (F8), NewYork : The bearish trend can resume
Date of analysis 22 December 17
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INDICATOR
Opinion Short Term Negative
Resistance 1 3.18USD
Support 1 2.32USD
Opinion Mid Term Bearish
Support 2 2.15USD
Resistance 2 3.36USD

STRATEGY
Below 3.18 USD the major trend remains bearish 2.32 USD and then 2.15 USD are in the line of sight. The surpassing of 3.18 USD would cancel this anticipation and favor a recovery toward 3.36 USD.

SUMMARY
The MACD is negative and lower than its signal line. This configuration is damaging the commodity perspectives. The RSI is not yet indicating an oversold situation, so a continuation of the fall is technically possible. At less than 20, the Stochastics are extermely low. The volumes traded are less than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
The commodity is oriented to the downside. It is under its 50-day moving average located at 2.94. The 20-day moving average (lower than the 50-day moving average) is maintaining the prices under medium-term sell pressure. Our first support is at 2.32 USD and the next is at 2.15 USD; the resistances, located at 3.18 USD and at 3.36 USD must be exceeded for the trend to undergo a reversal.

https://www.fxsforexsrbijaforum.com/

13Natural Gas Empty Re: Natural Gas Thu Dec 21, 2017 9:02 am

Yuri

Yuri
Moderator

Natural Gas, continuation (F8), NewYork : Under these resistances, a consolidation is likely
Date of analysis 21 December 17
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INDICATOR
Opinion Short Term Negative
Resistance 1 3.19USD
Support 1 2.36USD
Opinion Mid Term Bearish
Support 2 2.19USD
Resistance 2 3.36USD

STRATEGY
Below 3.19 USD the major trend remains bearish 2.36 USD and then 2.19 USD are in the line of sight. The surpassing of 3.19 USD would cancel this anticipation and favor a recovery toward 3.36 USD.

SUMMARY
The MACD is negative and lower than its signal line. This configuration is damaging the commodity perspectives. The RSI is not yet indicating an oversold situation, so a continuation of the fall is technically possible. At less than 20, the Stochastics are extermely low. The volumes traded are less than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
The commodity is oriented to the downside. It is under its 50-day moving average located at 2.95. The 20-day moving average (lower than the 50-day moving average) is maintaining the prices under medium-term sell pressure. Our first support is at 2.36 USD and the next is at 2.19 USD; the resistances, located at 3.19 USD and at 3.36 USD must be exceeded for the trend to undergo a reversal.

14Natural Gas Empty Re: Natural Gas Wed Dec 20, 2017 6:23 pm

ForexSRB

ForexSRB

Natural Gas, continuation (F8), NewYork : The bearish trend can resume
Date of analysis 20 December 17
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INDICATOR
Opinion Short Term Negative
Resistance 1 3.2USD
Support 1 2.23USD
Opinion Mid Term Bearish
Support 2 2.07USD
Resistance 2 3.36USD

STRATEGY
Below 3.2 USD the major trend remains bearish 2.23 USD and then 2.07 USD are in the line of sight. The surpassing of 3.2 USD would cancel this anticipation and favor a recovery toward 3.36 USD.

SUMMARY
The MACD is negative and lower than its signal line. This configuration is damaging the commodity perspectives. The RSI is not yet indicating an oversold situation, so a continuation of the fall is technically possible. At less than 20, the Stochastics are extermely low. The volumes traded are less than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
The commodity is oriented to the downside. It is under its 50-day moving average located at 2.95. The 20-day moving average (lower than the 50-day moving average) is maintaining the prices under medium-term sell pressure. Our first support is at 2.23 USD and the next is at 2.07 USD; the resistances, located at 3.2 USD and at 3.36 USD must be exceeded for the trend to undergo a reversal.

https://www.fxsforexsrbijaforum.com/

15Natural Gas Empty Re: Natural Gas Tue Dec 19, 2017 1:55 pm

Yuri

Yuri
Moderator

Natural Gas, continuation (F8), NewYork : The bearish trend can resume
Date of analysis 19 December 17

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INDICATOR
Opinion Short Term Negative
Resistance 1 3.05USD
Support 1 2.25USD
Opinion Mid Term Bearish
Support 2 2.09USD
Resistance 2 3.22USD

STRATEGY
Below 3.05 USD the major trend remains bearish 2.25 USD and then 2.09 USD are in the line of sight. The surpassing of 3.05 USD would cancel this anticipation and favor a recovery toward 3.22 USD.

SUMMARY
The MACD is negative and lower than its signal line. This configuration is damaging the commodity perspectives. The RSI is not yet indicating an oversold situation, so a continuation of the fall is technically possible. At less than 20, the Stochastics are extermely low. The volumes traded are less than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
The commodity is oriented to the downside. It is under its 50-day moving average located at 2.96. The 20-day moving average (lower than the 50-day moving average) is maintaining the prices under medium-term sell pressure. Our first support is at 2.25 USD and the next is at 2.09 USD; the resistances, located at 3.05 USD and at 3.22 USD must be exceeded for the trend to undergo a reversal.

16Natural Gas Empty Re: Natural Gas Mon Dec 18, 2017 10:41 am

dzonefx

dzonefx
Moderator

Natural Gas, continuation (F8), NewYork : Under these resistances, a consolidation is likely
Date of analysis 18 December 17

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INDICATOR
Opinion Short Term Negative
Resistance 1 3.08USD
Support 1 2.33USD
Opinion Mid Term Bearish
Support 2 2.18USD
Resistance 2 3.23USD

STRATEGY
Below 3.08 USD the major trend remains bearish 2.33 USD and then 2.18 USD are in the line of sight. The surpassing of 3.08 USD would cancel this anticipation and favor a recovery toward 3.23 USD.

SUMMARY
The MACD is negative and lower than its signal line. This configuration is damaging the commodity perspectives. The RSI is not yet indicating an oversold situation, so a continuation of the fall is technically possible. At less than 20, the Stochastics are extermely low. The volumes traded are less than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
The commodity is oriented to the downside. It is under its 50-day moving average located at 2.96. The 20-day moving average (lower than the 50-day moving average) is maintaining the prices under medium-term sell pressure. Our first support is at 2.33 USD and the next is at 2.18 USD; the resistances, located at 3.08 USD and at 3.23 USD must be exceeded for the trend to undergo a reversal.

17Natural Gas Empty Re: Natural Gas Mon Dec 11, 2017 8:55 am

ForexSRB

ForexSRB

Natural Gas, continuation (F8), NewYork : The bearish trend can resume
Date of analysis 11 December 17
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INDICATOR
Opinion Short Term Negative
Resistance 1 3.26USD
Support 1 2.4USD
Opinion Mid Term Neutral
Support 2 2.28USD
Resistance 2 3.39USD

STRATEGY
Below 3.26 USD the major trend remains bearish 2.4 USD and then 2.28 USD are in the line of sight. The surpassing of 3.26 USD would cancel this anticipation and favor a recovery toward 3.39 USD.

SUMMARY
The MACD is negative and lower than its signal line. This configuration is damaging the commodity perspectives. The RSI is not yet indicating an oversold situation, so a continuation of the fall is technically possible. At less than 20, the Stochastics are extermely low. The volumes traded are less than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
The bullish movement seems to have stopped. The commodity is under its 50-day moving average located at 2.98. The first support is at 2.4 USD and, in the event of a breach of this level, a continuation of the correction towards 2.28 USD is possible; to the upside, the first resistance is at 3.26 USD, then the strongest level is at 3.39 USD.

https://www.fxsforexsrbijaforum.com/

18Natural Gas Empty Re: Natural Gas Fri Dec 08, 2017 7:47 am

ForexSRB

ForexSRB

Natural Gas, continuation (F8), NewYork : Under these resistances, a consolidation is likely
Date of analysis 08 December 17
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INDICATOR
Opinion Short Term Negative
Resistance 1 3.27USD
Support 1 2.57USD
Opinion Mid Term Neutral
Support 2 2.45USD
Resistance 2 3.39USD

STRATEGY
Below 3.27 USD the major trend remains bearish 2.57 USD and then 2.45 USD are in the line of sight. The surpassing of 3.27 USD would cancel this anticipation and favor a recovery toward 3.39 USD.

SUMMARY
The MACD is negative and lower than its signal line. This configuration is damaging the commodity perspectives. The RSI is not yet indicating an oversold situation, so a continuation of the fall is technically possible. The Stochastics indicators are not giving any clear signals for the coming days. The volumes traded are more than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
The bullish movement seems to have stopped. The commodity is under its 50-day moving average located at 2.99. The first support is at 2.57 USD and, in the event of a breach of this level, a continuation of the correction towards 2.45 USD is possible; to the upside, the first resistance is at 3.27 USD, then the strongest level is at 3.39 USD.

https://www.fxsforexsrbijaforum.com/

19Natural Gas Empty Re: Natural Gas Thu Dec 07, 2017 9:13 am

Yuri

Yuri
Moderator

Natural Gas, continuation (F8), NewYork : Under these resistances, a consolidation is likely
Date of analysis 07 December 17
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INDICATOR
Opinion Short Term Negative
Resistance 1 3.26USD
Support 1 2.54USD
Opinion Mid Term Neutral
Support 2 2.44USD
Resistance 2 3.47USD

STRATEGY
Below 3.26 USD the major trend remains bearish 2.54 USD and then 2.44 USD are in the line of sight. The surpassing of 3.26 USD would cancel this anticipation and favor a recovery toward 3.47 USD.

SUMMARY
The MACD is negative and lower than its signal line. This configuration is damaging the commodity perspectives. The RSI is not yet indicating an oversold situation, so a continuation of the fall is technically possible. The Stochastics indicators are not giving any clear signals for the coming days. The volumes traded are less than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
The bullish movement seems to have stopped. The commodity is under its 50-day moving average located at 2.99. The first support is at 2.54 USD and, in the event of a breach of this level, a continuation of the correction towards 2.44 USD is possible; to the upside, the first resistance is at 3.26 USD, then the strongest level is at 3.47 USD.

20Natural Gas Empty Re: Natural Gas Wed Dec 06, 2017 8:03 am

dzonefx

dzonefx
Moderator

Natural Gas, continuation (F8), NewYork : The bearish trend can resume
Date of analysis 06 December 17
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INDICATOR
Opinion Short Term Negative
Resistance 1 3.47USD
Support 1 2.67USD
Opinion Mid Term Neutral
Support 2 2.47USD
Resistance 2 3.57USD

STRATEGY
Below 3.47 USD the major trend remains bearish 2.67 USD and then 2.47 USD are in the line of sight. The surpassing of 3.47 USD would cancel this anticipation and favor a recovery toward 3.57 USD.

SUMMARY
The MACD is negative and lower than its signal line. This configuration is damaging the commodity perspectives. The RSI is not yet indicating an oversold situation, so a continuation of the fall is technically possible. The Stochastics indicators are not giving any clear signals for the coming days. The volumes traded are more than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
The bullish movement seems to have stopped. The commodity is under its 50-day moving average located at 2.99. The first support is at 2.67 USD and, in the event of a breach of this level, a continuation of the correction towards 2.47 USD is possible; to the upside, the first resistance is at 3.47 USD, then the strongest level is at 3.57 USD.

21Natural Gas Empty Re: Natural Gas Mon Dec 04, 2017 8:20 am

dzonefx

dzonefx
Moderator

Natural Gas, continuation (F8), NewYork : Indecision reigns
Date of analysis 04 December 17
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INDICATOR

  • Opinion Short Term Negative
  • Resistance 1 3.55USD
  • Support 1 2.71USD
  • Opinion Mid Term Bullish
  • Support 2 2.52USD
  • Resistance 2 3.74USD


STRATEGY
Below 3.74 USD the Natural Gas, continuation (F8), NewYork is evolving toward 2.71 USD over the short term. The clearing of 3.74 USD would invalidate this opinion and open the door for 3.83 USD.

SUMMARY
The MACD is positive but lower than its signal line. The dynamic in progress has been interrupted. If the MACD were to turn negative, the price correction could continue. Powerful indicators like the RSI, are not giving us any particular indications in the short term. The Stochastics indicators are not giving any clear signals for the coming days. The volumes traded are more than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
After a recent high at 3.21 USD the commodity corrected towards the 50-day moving average 2.99: the price reaction on this level allows us to envisage a continuation of this movement in the medium term. The first buy points (or short-term supports) are at 2.71 USD and 2.52 USD. The resistances are at 3.55 USD and 3.74 USD.

22Natural Gas Empty Re: Natural Gas Fri Dec 01, 2017 9:16 am

dzonefx

dzonefx
Moderator

Natural Gas, continuation (F8), NewYork : A consolidation towards the supports is likely
Date of analysis 01 December 17
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INDICATOR
Opinion Short Term Neutral
Resistance 1 3.57USD
Support 1 2.78USD
Opinion Mid Term Bullish
Support 2 2.68USD
Resistance 2 3.77USD

STRATEGY
As long as 3.77 USD continues to be a resistance, the movement may join 2.78 USD over the short term. The surpassing of 3.77 USD would invalidate this opinion and open the door for 3.87 USD.

SUMMARY
The MACD is positive but lower than its signal line. The dynamic in progress has been interrupted. If the MACD were to turn negative, the price correction could continue. The RSI value is less than 50: this confirms the weakness of prices. The Stochastics indicators are not giving any clear signals for the coming days. The volumes traded are more than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
After a recent high at 3.21 USD the commodity corrected towards the 50-day moving average 2.99: the price reaction on this level allows us to envisage a continuation of this movement in the medium term. The first buy points (or short-term supports) are at 2.78 USD and 2.68 USD. The resistances are at 3.57 USD and 3.77 USD.

23Natural Gas Empty Natural Gas Wed Nov 29, 2017 8:48 am

Yuri

Yuri
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Natural Gas, continuation (F8), NewYork : Indecision reigns
Date of analysis 29 November 17

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INDICATOR
Opinion Short Term Negative
Resistance 1 3.38USD
Support 1 2.73USD
Opinion Mid Term Bullish
Support 2 2.51USD
Resistance 2 3.49USD

STRATEGY
Below 3.49 USD the Natural Gas, continuation (F8), NewYork is evolving toward 2.73 USD over the short term. The clearing of 3.49 USD would invalidate this opinion and open the door for 3.6 USD.

SUMMARY
The MACD is positive but lower than its signal line. The dynamic in progress has been interrupted. If the MACD were to turn negative, the price correction could continue. Powerful indicators like the RSI, are not giving us any particular indications in the short term. The Stochastics indicators are not giving any clear signals for the coming days. The volumes traded are more than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
The commodity is positioned to the upside. It is above its 50-day moving average. The position of the 20-day moving average (higher than the 50-day moving average) means that this commodity is reliable in the medium term. The first buy levels are on the supports situated at 2.73 USD, then at 2.51 USD; only the resistances, placed at 3.38 USD, then at 3.49 USD, could contain the prices.

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