Natural Gas
Natural gas is trying to settle above the resistance at $4.60 – $4.65 as the strong rally continues.
In case this attempt is successful, natural gas will head towards the next resistance level, which is located in the $5.00 – $5.05 range.
WTI Oil
WTI oil is swinging between gains and losses as traders react to the EIA report, which indicated that crude inventories increased by +6.4 million barrels from the previous week.
If WTI oil settles below the $58.00 level, it will head towards the support at $55.50 – $56.00.
Brent Oil
Brent oil has also stabilized after yesterday’s sell-off, which was triggered by the disappointing OPEC report.
RSI remains in the moderate territory, so there is plenty of room to gain additional momentum in the near term.
Natural Gas Price Forecast
Every new Natural Gas analysis as it publishes, today's technical signal and key levels, live price — on one page.
See all Natural Gas forecastsFor a look at all of today’s economic events, check out our economic calendar.
