Natural Gas (NGS) / US Dollar Forum & Chats (EASYMARKETS:NGSUSD)

3 hours ago

up gas increased 3%
Oils +5%
Natural gas -.8%

13 hours ago

Weekly and daily momentum is declining; however, the overall trend remains bullish based on market structure and technical indicators at the 1W and 1D timeframes.
On shorter timeframes (4H, 1H, 15M), market structure and technical indicators signal a bearish trend, with momentum appearing exhausted and conditions oversold. At 1H, a bullish divergence is observed, with support levels at 3.53-3.52, 3.48-3.45, and 3.41-3.39.
Earlier this evening, price dipped before bouncing from the 3.53 support area, creating a liquidity void as it moved upwards to 3.55-3.57. Prior to that, as price dropped, another liquidity void was formed in the 3.61-3.59 range. In order for price to establish a clear directional move, I anticipate these liquidity voids will need to be filled first.
- Bearish Continuation: I am watching for a retest and rejection from the recent resistance area at 3.61-3.67.
- Bullish Reversal: I am looking for a retest and bounce from the recent support at 3.53.
There's always the possibility of a strong breakout/breakdown with momentum from resistance/support but I personally prefer to wait for retest and bounce from a recently established dynamic trendline or key level with some kind of divergence.
Good luck, everyone!

PS: from left to right charts 1w, 1d, 4h, 1h, 15m

rojara

13 hours ago

This post as my mind on 24th May 2025. anyone saw 3.210 after that nymex.

tradingview.com/symbols/NATURALGAS/minds/?mind=YHQl68QeTuqiF-ljU2_NdA&exchange=CAPITALCOM

GrackleObstinatus

14 hours ago

Two indecisive days in a row, this one slightly more bullish. 🤔 Here, have some candy🍬

rojara

15 hours ago

as per my chart reversal happened ? nymex 3.70+ on next week or on tomorrow. 100% confident no more 3.470 nymex price. if broken yesterday below low 3.456 nymex . I need to re-study my full chart.