Category: Forex News, News
Natural Gas and Oil Forecast: WTI Supported Near $83.50; Buy Today?
Natural Gas (NG) is trading at $2.354, down 1.26%. On the 2-hour chart, the pivot point is $2.39. Immediate resistance levels are $2.44, $2.47, and $2.51, while support levels are $2.34, $2.31, and $2.27.
Technical indicators show the 50 EMA at $2.46 and the 200 EMA at $2.64, indicating a bearish trend below $2.39. A break above this level could shift the bias to bullish.
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