|

Natural Gas Futures: Correction seen extending further

Traders increased their open interest positions by almost 7K contracts on Thursday, keeping the uptrend well in place since April 28 considering flash data from CME Group. On the other hand, volume dropped for the second session in a row, this time by nearly 16K contracts.

Natural Gas could attempt some consolidation near-term

Prices of Natural Gas edged lower on Thursday amidst rising open interest, allowing for further losses in the very near-term. Further downside remains on the cards for the time being, while the key $3.00 mark per MMBtu still stands as a strong hurdle for bulls.

Author

Pablo Piovano

Born and bred in Argentina, Pablo has been carrying on with his passion for FX markets and trading since his first college years.

More from Pablo Piovano
Share:

Editor's Picks

EUR/USD clings to daily gains above 1.1800

EUR/USD keeps the fresh bid bias around the 1.1800 region as the NA session draws to a close on Tuesday. The pair’s decent bounce comes on the back of fresh downside pressure on the US Dollar as investors continue to fade the so-called “Warsh trade”. Next of note on the euro docket will be the preliminary inflation data in the euro zone on Wednesday.

GBP/USD consolidates gains below 1.3700

GBP/USD is trying to claw back some of the ground lost over the past couple of sessions, posting decent gains around the 1.3670 region on Tuesday. Cable’s bounce comes as the Greenback eases modestly, while attention now turns to the BoE’s event on Thursday.

Gold nears $5,000 on lingering political woes

Gold staged a strong rebound on Tuesday, snapping a three-day slide and turning its attention back to the key $5,000 mark per troy ounce. The move appears to be driven by bargain-hunting, helped along by renewed selling pressure on the US Dollar and a mixed tone in US Treasury yields.

Crypto winter began in January 2025, but end is near: Bitwise

The crypto market has been in a "full-blown" winter season since January 2025, following a 39% and 53% drop in Bitcoin (BTC) and Ethereum (ETH) prices from their all-time highs over the past few months, according to Bitwise Chief Investment Officer Matt Hougan.

Japan’s snap elections: The fiscal credibility test and the market playbook

Japan has opted for a snap election on 8 February 2026 rather than waiting for the normal electoral calendar, which makes this a faster, higher-stakes reset of political mandate.

Ripple slides as low retail, institutional demand weigh

Ripple edges lower, trading marginally below $1.60 at the time of writing on Tuesday as bulls and bears battle for control. The cross-border remittance token rose to $1.66 on Monday, but profit-taking and risk-off sentiment in the broader crypto market led to the ongoing correction.