XNGUSD CONTINUES ITS DOWNWARD TREND. FOR HOW LONG?
Recent bearish impulse started at the beginning of this week may come to an end soon. Yesterday the U.S. Natural Gas Storage report came out. Numbers appeared to be lower than expected and lower than previous. (23b vs 28b vs 46b). This is bullish signal for the market participants. Minutes after the report came out, market reacted bullish, however, soon price went sideways.
Right now gas prices continue to decline. Still, the opportunity for short-sellers here is quite limited. Not so far below there is a level of 3.0000, form where I expect the price to rebound, supposedly to a 3.3000.
Recent bearish impulse started at the beginning of this week may come to an end soon. Yesterday the U.S. Natural Gas Storage report came out. Numbers appeared to be lower than expected and lower than previous. (23b vs 28b vs 46b). This is bullish signal for the market participants. Minutes after the report came out, market reacted bullish, however, soon price went sideways.
Right now gas prices continue to decline. Still, the opportunity for short-sellers here is quite limited. Not so far below there is a level of 3.0000, form where I expect the price to rebound, supposedly to a 3.3000.
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XNGUSD CONTINUES ITS DOWNWARD TREND. FOR HOW LONG?Recent bearish impulse started at the beginning of this week may come to an end soon. Yesterday the U.S. Natural Gas Storage report came out. Numbers appeared to be lower than expected and lower than previous. (23b vs 28b vs 46b). This is bullish signal for the market participants. Minutes after the report came out, market reacted bullish, however, soon price went sideways.
Right now gas prices continue to decline. Still, the opportunity for short-sellers here is quite limited. Not so far below there is a level of 3.0000, form where I expect the price to rebound, supposedly to a 3.3000.
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Join me, I'll guide you to PROFITABLE TRADING💵!
Telegram Channel: t.me/forextradersliveofficial
Telegram Channel: t.me/forextradersliveofficial
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。