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Financeenergy Markets

All articles tagged with #financeenergy markets

financeenergy-markets1 year ago•1 min saved

"Natural Gas Prices Rise on Light EIA Withdrawal Expectations"

The natural gas market continues to face selling pressure, with a potential short-covering rally on the horizon due to the market being oversold. With winter ending in North America, any potential rally may be short-lived, and caution is advised for investors. The current low prices, despite Russia's reduced gas supply to most countries, are attributed to the surplus of liquefied natural gas from the United States. A cautious approach is recommended, with a potential rally to the $2 level signaling a range-bound play.

via FX Empire|

#energy-markets #financeenergy-markets #natural-gas

financeenergy-markets1 year ago•2 min saved

"Natural Gas Prices: Forecasting New Lows and Persistent Challenges"

Natural gas prices are expected to continue falling, with a bearish trend triggered by a drop below 2.00. The strong downward momentum suggests a potential further decline below 1.95, with initial targets around 1.80 and potentially 1.61/1.60. Despite the extended downside, a bullish reversal would require a rise above 2.17.

via FX Empire|

#bearish-continuation #downward-momentum #economic-events

financeenergy-markets2 years ago•1 min saved

"Natural Gas Prices Plummet Amid Warming Weather and Weak Demand"

Natural gas prices continue to plummet due to market volatility and the anticipation of warmer weather as traders factor in the approach of spring. The recent spike in prices was largely driven by a cold snap, and without sustained cold weather, the outlook for natural gas remains bearish. The market is currently seen as range-bound, with $2.50 being a point of fair value and $2 serving as a psychological support level. Traders short on the market may consider taking profits, while the possibility of stabilization or buying pressure looms in the near future.

via FX Empire|

#financeenergy-markets #futures-trading #market-volatility

financeenergy-markets2 years ago•2 min saved

"US Natural Gas Prices Surge to Six-Week High on Extreme Cold Forecast"

U.S. Natural Gas futures have surged due to speculative buying and short-covering, driven by immediate weather conditions rather than long-term economic indicators. Winter weather impacts the market, with varying regional effects on heating and cooling demand. Traders are cautioned against following the current bullish trend and advised to wait for selling opportunities, considering the potential for a market reversal due to milder temperature forecasts. Strategic trading recommendations emphasize the need for caution and long-term market focus amidst the volatility of the weather-driven natural gas market.

via FX Empire|

#financeenergy-markets #market-volatility #natural-gas