NGCUSD

U.S. natural gas futures fell below Friday's closing levels after a more than 10% rise at the beginning of the week. This situation seems to be linked to some institutions' statements that temperatures may be higher than expected towards the end of the year. The intraday movement of European and U.S. stock markets could influence the natural gas market. Additionally, concerns that Trump might complicate the trade environment with new tariffs, fluctuations in the dollar, and uncertainties regarding the Fed's interest rate policies will also affect the market's direction.

From a technical perspective, the NGCUSD pair is currently trading at the 4.101 level on the 4-hour chart. In upward movements, the 3.96 resistance is monitored, and if this level is breached, 4.02 and 4.09 levels can be considered potential targets. In downward movements, the 3.86 support is a critical level, and if it is breached, 3.8 and 3.74 support levels might come into focus. The RSI indicator is at 58 and shows a positive trend. The pair has experienced a 0.66% change compared to the previous day.