- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- Natural Gas Price Analysis: XNG/USD prods immediate support line around $2.70, death cross lures bears
Natural Gas Price Analysis: XNG/USD prods immediate support line around $2.70, death cross lures bears
- Natural Gas holds lower ground near intraday bottom after reversing from two-week high.
- Bearish moving average crossover, downbeat oscillators favor XNG/USD sellers.
- Natural Gas recovery appears elusive below $2.80; $2.62 appears a tough nut to crack for sellers.
Natural Gas Price (XNG/USD) drops more than 1.0% during early Monday to $2.69, reversing from 13-day high marked the previous day, as energy buyers retreat at the start of the key week comprising top-tier data/event. In doing so, the energy instrument snaps four-day winning streak while posting the biggest daily loss, so far, since July 17.
That said, a one-week-old ascending trend line restricts immediate downside of the XNG/USD near $2.69.
However, the 50-SMA pierces the 200-SMA from above and portrays the “death cross” bearish moving average crossover to lure the XNG/USD sellers. Adding strength to the downside bias is the looming bear cross on the MACD and a descending RSI (14) line, not oversold.
With this, the Natural Gas Price is likely to break the immediate support line and can drops towards the stated SMA confluence surrounding $2.62.
In a case where the XNG/USD remains bearish past $2.62, the odds of witnessing a downturn towards the monthly low of around $2.47 can’t be ruled out.
On the flip side, a five-week-old horizontal resistance area surrounding $2.79-80 restricts immediate recovery of the Natural Gas Price.
Following that, tops marked in June and March, respectively near $2.98 and $3.07, will be in the spotlight.
Natural Gas Price: Four-hour chart
Trend: Further downside expected
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
