NGCUSD

U.S. natural gas futures showed a recovery midweek after a week of declines. The recent downturn was influenced by the country's near-term weather forecasts. Throughout the day, the performance of European and U.S. stock markets, along with the inventory data to be released by the U.S. Energy Information Administration, can be closely monitored.

During this period, price movements and hourly closes in the range of 3.140 – 3.190 could provide clarity on market direction. Closes below the 3.140 level may increase the desire for a decline, with 3.100 and 3.040 levels set as targets. In the event of possible recoveries, the situation regarding the 3.190 resistance should be taken into account; breaking this resistance could lead to the emergence of the 3.250 to 3.295 levels. Critical levels for the day: 3.140 – 3.190.