NGCUSD

U.S. natural gas futures may come under pressure due to expected temperatures that are anticipated to remain below seasonal norms over the next two weeks. The postponement of tariffs on Canada and Mexico also plays a significant role in the markets. The average production in February, which is likely to exceed January's figures, is one of the factors contributing to this pressure. Movements in European and U.S. stock markets should also be monitored closely throughout the day.

If prices continue to stay within the resistance range of 3.250 – 3.290, a downward trend may become more prominent. In the event of a potential decline, levels of 3.180 and 3.140 could be targeted, while breaking through the 3.250 – 3.290 resistance may bring levels of 3.330 to 3.370 into focus. Therefore, it is recommended to pay attention to the important level of the 3.250 – 3.290 range for the day.