Natural Gas This/Next Week Price Forecast, Technical Analysis, Market Outlook
(August 10 – 14)
Uptrend
The uptrend may be expected to continue, while market is trading above support level 2085, which will be followed by reaching resistance level 2.700.
Downtrend
An downtrend will start as soon, as the pair drops below support level 2.085, which will be followed by moving down to support level 1.880 and if it keeps on moving down below that level, we may expect the market to reach support level 1.640.
Natural Gas Weekly Weather Forecast
New-York, August
Natural Gas Long-Term Price Forecast, Technical Analysis, Market Outlook
(Quarter III: July – September, 2020)
Uptrend
The uptrend may be expected to continue, while market is trading above support level 2.160, which will be followed by reaching resistance level 2.700.
Downtrend
An downtrend will start as soon, as the market drops below support level 2.160, which will be followed by moving down to support level 1.640.
Natural Gas Storage/inventory: this year with 5 year average
