NGCUSD

U.S. natural gas futures continue to come under pressure due to two-week weather forecasts indicating milder weather conditions. This situation may signal a potential decrease in natural gas demand. Additionally, the cautious atmosphere in the markets following developments in the U.S. artificial intelligence sector may also affect natural gas pricing. The strengthening of the U.S. dollar stands out as another factor putting pressure on natural gas prices.

Technically, the NGCUSD pair is hovering near the 3.295 - 3.360 resistance levels, and the downward pressure is expected to continue as long as it remains below these levels. In downward movements, the 3.15 and 3.1 levels can be monitored as support. If the pair begins to rise, closures above 3.360 may bring the 3.415 and 3.470 resistance levels into focus. The RSI indicator is showing a negative trend, and the market outlook is weak. The NGCUSD pair is showing a 0.27% decrease compared to the previous day.