This analysis examines the recent volatility in European natural gas prices triggered by supply disruptions in Norway. Unforeseen outages at the Sleipner gas field and the Nyhamna processing plant resulted in a substantial reduction in gas flows, leading to a price surge of up to 13%. This episode underscores Europe's susceptibility to external gas suppliers and...
Hello Traders In This Chart NATGAS HOURLY Forex Forecast By FOREX PLANET today NATGAS analysis 👆 🟢This Chart includes_ (NATGAS market update) 🟢What is The Next Opportunity on NATGAS Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Analysis for NATURAL GAS on the daily direction has shown an upswing for a bullish trend that has respected the support levels. Since September 7th, 2023, we have seen a nice back and forth movement pattern that continues to respect the channels support range and resistance making this a prime target for us to be able to profit off on. Please enter with proper...
Natural Gas will consolidate util mid January 2024 between 239 and 298. In the second half of January 2024 the last part of consolidation will take place eventually followed by a breakout happening no later than March 2024. The time of breakout (and its retest) will be dictated by how price action tackles the level of 274. After breakout (and retest) price might...
Hi everyone It seems that we have to wait for an increase in gas prices in the coming months. If there are no special problems, I think we can predict the price of 3.6 dollars for gas. Do you agree with my opinion? Please support me with likes and comments.
Clear bearish head and shoulders pattern for natural gas. The head and shoulders is a reversal pattern that can indicate a potential trend reversal from bullish to bearish. The pattern consists of three peaks, with the central peak being higher than the other two, resembling the shape of a head and two shoulders. In the context of natural gas trading, the head...
BOIL price fell 98% but the technicals (particularly analysis of pitchfork lines) indicate that BOIL is a good buy opportunity.
Week started off great, movement to the upside as predicted. Moving toward the 200 day moving average is another positive note here.
As you can see in the chart, natural gas had a big downside movement for the last months. Now It looks like the bottom is printed so I will consider entering a long here with targets 3.11$ and 4.69$ . You can see apart from the Bullish Divergence that It is starting to show a lot of strength, you can observe a gap-up between 2.314$ and 2.415$. For the buy...
Important levels are drawn on the chart .The price is at a resistance level .We are looking for a SELL position .As each trend breaks, the target will be the next trend .📢 Please follow your strategy, , this is just my idea .🙌Please do not forget the ' like' button & Share it with your friends .✍ I will be glad to see your ideas in this post .🧲Follow me to see...
Henry Hub ( US natural gas ) prices have fallen 25% from their peak of $9.64 per million British thermal units (MMBtu) hit in June, as the fire at Freeport LNG’s natural gas liquefaction plant reduced U.S. export capacity by an estimated 2.0 billion cubic feet per day (Bcf/d) or approximately 15% of annual volumes. The major driver behind the spectacular rise in...
Brent Crude is around $111.36, as investors grew concerned about a potential global recession and the tight supply of crude. Data from the Organization of the Petroleum Exporting OPEC Countries showed that its output fell by about 100,000 barrels per day in June. Libya's oil exports have dropped to between 365 and 409 thousand barrels per day, which is about 865...
Gas price followed rules of an Elliot Wave and after 5 rises first Correction drop of ABC correction is visible
Due to the lack of supply from the OPEC and the US' production slowdown and the Russian invasion of Ukraine, the prices of gas have increased significantly. In the next couple of weeks, the prices of gas are expected to increase by 5-10%. This will continue to increase throughout the summer of 2022. China's demand for crude oil is expected to rise as the Covid...
Here you can see sell side Liquidity was taken at $6.30 before it made a Dubble Bottom and then broke to upside to $8.11 If Price can hold this level then next level will be at $12
simple analysis Trend lines have been relied upon and volume analysis and moving averages
✅ Here we are in a bullish market structure so I am looking for a long position if the price takes out the liquidity below (previous weekly low) and rejects from the daily bullish orderblock + mid figure 6.50.
Natgas may still have a very big upside considering Russia will be doing everything to win the war before May 9. It is very probable that Natgas will be able to reach the 1.618 FIBO level 8.255 in June 2022. Very Interestingly, 8.255 is also the measured move from the triangle.(see chart) Not trading advice