Natural gas price is increasing 5.3%
November 9, 2026
NEWS: Natural gas price is increasing 5.3% to a three-week high after US weather forecasts pointed towards increased heating demand
Possible Scenarios:
If Natural Gas fails to breach through R1 of 3.206, our Analysis Department expects Natural Gas to undergo a short- term downward correction.
If Natural Gas manages to break above its R1 of 3.206, our Analysis Department expects Natural Gas to extend its gains to its R2 of 3.239.
Support and Resistance Levels:
|
Natural Gas |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
3.049 |
3.083 |
3.116 |
3.161 |
3.206 |
3.239 |
3.273 |
Potential Profit or Potential Loss Calculations:
|
10 cents per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|---|---|---|---|---|---|
|
(+/-) $100 |
(+/-) €89.29 |
(+/-) £74.52 |
|||
*1 trading lot is equivalent of 10000 units
**EUR/USD = 1.11989
***GBP/USD = 1.34194
Calculations for exchange rate used as of Monday, November 9, 2026, 2:20: PM