Get started
Natural GasNatural GasNatural Gas

Natural Gas

No trades
See on Supercharts
Overview News
Ideas
Discussions Seasonals

NG trade ideas

A wave down before the start of the climb? bull marketHello! I am a big fan of the Elliott wave principle, which I find very interesting and useful for market analysis. I have developed my analytical approach by combining this principle with my personal experience and considering various scenarios that could occur in the market. While I would like to share my analysis with you, please note that I am not providing a buy or sell signal. My primary intention is to share my unbiased analysis so that you can utilize it as a guide to make an informed decision. To build your confidence in my analysis, I always share my previous analysis from the same market so that you can compare and see the progress. All the details of my analysis are clearly labeled, which should make it easy for you to understand. I hope that my analysis is useful to you in your business journey, and I wish you all the best. I am looking forward to hearing from you. Lastly, I would like to mention that like-mindedness and support, comments, and likes are the most important pillars of progress, just like support points in the financial markets. They give me the energy to continue and share more ideas with you. Sincerely
FX_IDC:USDNTGLong
by Mehdi_Abbasi_EWP
Natural Gas Prices Recover from 6-month LowsSince November 1, the price of natural gas has fallen by more than 30%. This was facilitated by: → relatively mild weather at the beginning of the winter period; → record volumes of liquefied gas production, as reported by Reuters. Analysts estimate there is currently about 7.8% more gas in storage than normal for this time of year. On December 13, the price of natural gas dropped below 2.20 for the first time since the beginning of June. This level may provide support given how price has interacted with it throughout 2023. At the same time, the graph shows that the price of natural gas: → is within a downward trend (shown in red); → On December 11, a surge in demand was noticed on the market (shown by the arrow) — it is possible that it was caused by a low price and the expectation that in the future the price of gas could rise until the end of winter; → the median line still offers resistance; → RSI forms divergence. Thus, there are reasons to believe that the level of 2.20 may be able to stop the downward trend. And even to provide support for a rebound if the weather becomes colder and causes an increase in gas consumption. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
FXOPEN:XNGUSD
by FXOpen
Winter Cash-Cow@NaturalGas is a sure bet as we come to the end of each year. Winter is coming and households need to be warmed up. With the escalating tension in oil-producing countries, and temperatures dropping, Natural Gas has the best opportunity to close this quarter strong as demand increases and supply is under threat. Despite being down about 40% YTD, there is still a lot of upside left. However, there is some historic price resistance and the 50EMA is backing this up. With fundamentals aligning up for further upside, we might see resistance turning support in the course of this quarter.
CAPITALCOM:NATURALGASLong
by Candles254
NATURAL GAS BEARISH OUTLOOKThe recent surge of warm fronds impacting the United States, the largest consumer of natural gas, shows no signs of dissipating soon, exerting significant pressure on its market. This has led to a substantial decline in the price of the gas, plummeting for eight consecutive days from 2.841 to 2.375, marking a staggering drop of over 16%. Technical indicators are not signaling an imminent reversal of this trend in the short term, as both the MACD and RSI exhibit robust Sell signals. Should the current trajectory persist, there's a possibility that the price could dip to support levels around 2.124. A potential pivot point at 2.405 might be considered, potentially leading to a price rebound to 2.712. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
CAPITALCOM:NATURALGASShort
by legacyFXofficial