Analysis

Natural gas weekly and quarterly forecast

Weekly forecast, August 10 - 14

Uptrend

The uptrend may be expected to continue, while market is trading above support level 3267, which will be followed by reaching resistance level 3197 - 3750.

Downtrend

An downtrend will start as soon, as the pair drops below support level 3167, which will be followed by moving down to support level 3188 and if it keeps on moving down below that level, we may expect the market to reach support level 3011.

Weather forecast

New-York, August

Quarterly forecast, July - September 2020

Uptrend

The uptrend may be expected to continue in case the market rises above resistance level 3397, which will be followed by reaching resistance level 3750.

Downtrend

An downtrend will start as soon, as the pair drops below support level 3191, which will be followed by moving down to support level 3011.

Storage

 

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