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04.03.202407:07 Forex Analysis & Reviews: Technical Analysis of Daily Price Movement of Crude Oil Commodity Asset , Monday March 04, 2024.

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Exchange Rates 04.03.2024 analysis

With the appearance of deviation pattern between Natural Gas commodity asset price movement with Stochastic Oscillator gives the clue that in a few days ahead the Natural gas commodity asset has the potential to strengthen where the level of 1,917 has the potential to be broken upwards and if this level is successfully broken, then #NG has the potential to continue its strengthen to the level of 2,263 as the first target and if the momentum as well as the volatility is quite supporting, then the level of 2,723 is not the impossible things to aimed, but all the strengthening scenario will become invalid itself if on the way to strengthen, there is a weakness correction where the downward managed to break below the level of 1,517.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
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