Category: Forex News, News
Copper price gathers its positive strength– Forecast today – 22-7-2025
Natural gas price settled on slight gain in its last intraday trading, attempting to recover some of its previous losses, and it attempts to offload some of its clear oversold conditions on the (RSI), especially with the beginning of the emergence of the positive signals, amid the dominance of the main bearish trend on the short-term, and its affection by exiting bullish correctional channel’s range on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50.
Therefore, our expectations suggest natural gas price decline in its upcoming intraday trading, if the resistance settles at $3.40, to target the initial support level at 43.25 preparing to break it.
The expected trading range for today is between $3.20 and $3.40
Trend forecast: Bearish
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Written by : Editorial team of BIPNs
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