NEWS: Natural Gas price is increasing 2.7% rebounding from its lowest rate in 9 months
Possible Scenarios:
If Natural Gas fails to breach through Reference Price of 2.971, our Research Department expects the Natural Gas to undergo a short- term downward correction.
If Natural Gas manages to break above its Reference Price of 2.971, our Research Department expects the Natural Gas to extend its gains to its R1 of 3.027.
Support and Resistance Levels:
Natural Gas |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
2.831 |
2.873 |
2.915 |
2.971 |
3.027 |
3.069 |
3.111 |
Potential Profit or Potential Loss Calculations:
10 cents per 1 trading lot* |
USD |
EUR** |
GBP*** |
(+/-) $100 |
(+/-) €86.09 |
(+/-) £74.55 |
*1 trading lot is equivalent of 10000 units
**EUR/USD = 1.16162
***GBP/USD = 1.34142
Calculations for exchange rate used as of Monday, August 11, 2025, 13:45 GMT+1