Natural gas prices reach 56 week high

Note: This section contains information in English only.
Source: Dukascopy Bank SA


Natural Gas price has seen significant increase in price. In the last two weeks Nat gas prices rose by more than 30%.

Upcoming winter season could bring higher demand in the energy market, if weather conditions in the northern hemisphere bring colder temperatures during this season.

The 200-hour, 100-hour, and 50-hour simple moving averages on the 4-hour time frame suggest that demand is currently elevated, as the price is trading above all these moving averages. Additionally, the daily pattern indicates that the cup-and-handle formation may be confirmed, potentially leading to further price discovery.
Back to articles

Actual Topics

Thu, 05 Dec 2024 13:50:40 GMT

GBP/USD Technical analysis

Currently, GBP/USD is trading around the 1.25000 price level. The currency pair has been trading within a descending channel since October. If a breakout of the descending channel occurs, the inflection point could be considered for the currency pair, possibly testing the 1.28800 price level. Rejection of the 1.27000 price level would continue the downtrend within the descending channel

Mon, 18 Nov 2024 20:52:48 GMT

Gold breaks a pattern

It has been spotted that the metal's price has declined, since the US elections, in a channel down pattern. However, the price has found support in the 2,540.00 level to start a recovery that was strong enough to break the pattern and the 2,600.00 mark. In general, the metal was already oversold, which contributed to the start of the

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request)
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.