Category: Forex News, News
Coffee price forms negative pattern– Forecast today – 14-5-2025
Natural gas prices need positive momentum, which forces them to form weak trading by its continuous fluctuation near the initial support at $3.600, to face the moving average 55 as appears in the above image.
Gathering the positive momentum is important to decrease the chances for activating the bearish correctional track, depending on forming extra support at $3.440 level, to begin forming bullish waves, to press on the barrier at $3.780 level to find an exit for recording new gains in the upcoming period.
The expected trading range for today is between $3.550 and $3.780
Trend forecast: Bullish
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Written by : Editorial team of BIPNs
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