Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains 1% As Traders Focus On Weak Dollar

Natural Gas

Natural gas pulled back from session highs as traders took some profits off the table after the rebound from recent lows.

If natural gas manages to settle above the $3.05 level, it will head towards the resistance at $3.25 – $3.30.

WTI Oil

WTI oil gains ground as traders focus on weak dollar and react to Manufacturing PMI data from China.

A move above the $65.00 level will open the way to the test of the nearest resistance at $66.00 – $66.50.

Brent Oil

Brent oil continues its attempts to settle above the resistance level at $67.50 – $68.00.

If Brent oil settles above $68.00, it will head towards the next resistance at $71.00 – $71.50.

For a look at all of today’s economic events, check out our economic calendar.