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FX.co ★ Technical Analysis of Monthly Price Movements of Natural Gas Commodity Assets, Monday February 06 2023.

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Forex Analysis:::2023-02-06T05:37:33

Technical Analysis of Monthly Price Movements of Natural Gas Commodity Assets, Monday February 06 2023.

Technical Analysis of Monthly Price Movements of Natural Gas Commodity Assets, Monday February 06 2023.

With the emergence of deviations between price movements of natural gas commodity assets and the Stochastic Oscillator indicator and price movements below the 10-month period, it is clearly confirmed that in the next few months the direction of flow of these commodity assets is bearish where natural gas is now trying to reach the level of the demand area. in the range of 2,002 - 1,216 levels but if on the way to that level area suddenly #NG reverses back up past the 5,458 level then it is very likely that the downward scenario to the Demand area level will become invalid and cancel itself.

(Disclaimer)

Analyst InstaForex
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