Natural Gas trades above prior resistance

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


It was spotted on April 25 that the price for Natural Gas jumped and managed to reach above the 1.9540/2.0590 range. Moreover, it appeared that the 50-day simple moving average was passed and used as support for the push higher.

In the case of an extension of the price surge, the 2.2425/2.2840 range could impact the rate, as it acted as support and caused a surge at the end of 2023. Higher above, note the descending 200-day simple moving average near 2.4760. If all of these level fails, the commodity price might aim at the 3.0000 mark.

However, a decline of the price below the 1.9540/2.0590 range would result in the price looking for support in the 50-day simple moving average near 1.8075. Further below, the 2020 and now 2024 low levels could once again act as support near 1.5200.
Back to articles

Actual Topics

Thu, 25 Apr 2024 09:33:34 GMT

Ethereum declines in channel pattern

The price for Ethereum booked a high level at 4,094.45 in early March. Afterwards, a decline occurred down to the 50-day simple moving average. It was speculated that the price could soon recover. However, it can be observed that the cryptocurrency has established a channel down pattern. A decline of the price in the pattern could result in the

Tue, 26 Mar 2024 11:17:02 GMT

Northrop Grumman Corp tests resiostance

The United States defence company Northrop Grumman Corporation has been trading each quarter depending on their financial results. Most recently, the stock dropped as low as 426.50. Following the drop, the price has recovered. On March 20, the stock reached a trend line that has acted as resistance since late 2022. A move above the trend line is expected to

Subscribe to "Fundamental Analysis" feed

Subscrever
Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre as opções binárias do Dukascopy Bank / Plataforma de negociação Forex, SWFX e outras informações relacionadas com Trading,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para saber mais sobre a plataforma de Trading / Trading de Crypto/ CFD / SWFX e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para saber mais sobre o programa de Introdutor de Negócios e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.