Natural Gas
Natural gas is losing ground as traders focus on warm weather forecasts. The current demand for natural gas is low, which is bearish for natural gas markets.
If natural gas settles below the 50 MA at $3.12, it will head towards the next support level at $2.95 – $3.00.
WTI Oil
WTI oil pulls back as traders focus on the weaker-than-expected Ifo Business Climate report from Germany, which showed that business morale in Europe’s leading economy remained under pressure.
If WTI oil settles below the 50 MA at $69.97, it will move towards the strong support level at $67.00 – $67.50.
Brent Oil
Brent oil is losing ground as traders switch their attention from geopolitical tensions to weak demand.
A move below the $73.00 level will open the way to the test of the support at $71.00 – $71.50.
Natural Gas Price Forecast
Every new Natural Gas analysis as it publishes, today's technical signal and key levels, live price — on one page.
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