Page 6 - Technical Update News Today

Natural gas prices appear to have reinforced support following fading downside momentum. On the 4-hour chart, the heating commodity is trying to confirm a breakout above a bullish Falling Wedge.

Natural gas prices continue aiming lower, but downside momentum is fading. That can at times precede a reversal as a Falling Wedge brews on the 4-hour timeframe.

From last week’s high to close, natural gas prices fell 12.5% as the broader downside focus remained in focus. For the week ahead, keep a close eye on the Falling Wedge on the 4-hour setting.

Natural gas prices are struggling to clear support as a bullish chart formation brew on the 4-hour chart. Still, the broader bearish technical bias remains in focus.

Natural gas prices sank almost 20% last week after teasing traders with solid gains beforehand. The broader technical bias remains bearish. What are key levels to watch ahead?

Natural gas prices are setting up for the worst week since late January, with prices testing key moving averages on the daily and 4-hour setting as key support.

Natural gas prices abruptly reversed lower on Monday as a milder US weather outlook plunged the commodity the most since June 2022. A bearish Rising Wedge breakout is now in play.

Natural gas prices rallied over 18% last week, the most since the middle of July. While the near-term technical outlook remains bullish, the broader picture holds bearish.

Natural gas prices are struggling to maintain near-term upside momentum with the emergence of a Doji candlestick. Meanwhile, a bearish Rising Wedge formation continues to brew.

Natural gas prices have been aiming as of late. Still, you will find plenty of technical evidence that traders appear to be experiencing indecision. What are key levels to watch?