Category: Forex News, News
Natural gas price delays the decline– Forecast today – 16-6-2025
Natural gas prices were affected by the technical circumstances, forming a bullish rally and surpassing the moving average 55 at $3.600, achieving some gains by reaching 43.750 level.
Reminding you that regaining the bullish scenario requires forming a strong bullish rally, to breach the resistance at $3.900, to confirm its readiness to record new gains that might begin at $4.050 and $4.200, while the price return to fluctuate below $3.600 will cancel the positive chances, which forces it to renew the bearish attempts by reaching $3.450 initially.
The expected trading range for today is between $3.600 and $3.900
Trend forecast: Bullish
Written by : Editorial team of BIPNs
Main team of content of bipns.com. Any type of content should be approved by us.
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