NEWS: Natural Gas price is increasing 2.5% after a threat of further disruptions follows a hit on a major Iranian gas processing facility
Possible Scenarios:
If Natural Gas fails to breach through R2 of 3.083, our Analysis Department expects Natural Gas to undergo a short- term downward correction.
If Natural Gas manages to break above its R2 of 3.083, our Analysis Department expects Natural Gas to extend its gains to its R3 of 3.134.
Support and Resistance Levels:
|
Natural Gas |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
2.798 |
2.849 |
2.899 |
2.966 |
3.033 |
3.083 |
3.134 |
Potential Profit or Potential Loss Calculations:
|
10 cents per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|---|---|---|---|---|---|
|
(+/-) $100 |
(+/-) €86.86 |
(+/-) £75.09 |
|||
*1 trading lot is equivalent of 10000 units
**EUR/USD = 1.15134
***GBP/USD = 1.33178
Calculations for exchange rate used as of Wednesday, March 18, 2026, 12:54: PM