NGCUSD

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NGCUSD

With the implementation of Trump's plan to impose a 25% tariff on Mexico and Canada and a 10% tariff on China, market activity began to pick up. Natural gas futures started the week with an increase. It is reported that there will be a 10% reduction in energy imports from Canada. Throughout the day, the performance of European and US stock markets will be closely monitored.

Price movements may display an upward trend as long as they remain above the support levels of 3,310 – 3,250. In potential upward scenarios, levels of 3,360 and 3,415 may be targeted. In case of a decline, the status of the 3,310 – 3,250 support levels should be monitored. A break below this support could bring levels of 3,140 and 3,100 into focus. Critical levels for the day: 3,310 – 3,250.

Support :

3.25 - 3.19 - 3.14

Resistance :

3.36 - 3.415 - 3.47