NGCUSD

U.S. natural gas futures continue their upward trend due to increasing export activities and positive weather forecasts. However, the weather predictions indicate temperatures below seasonal norms until February 22. The performance of European and U.S. markets is being closely monitored throughout the day.

As long as price movements remain above the support levels of 3.370 to 3.430, the continuation of the upward trend is expected. Possible targets for increases can be set at 3.520 and 3.570. However, in the case of a decline, the status of the 3.370 to 3.430 support is crucial. A break of this support level could bring 3.330 and 3.290 levels into play. Monitoring these significant levels may present significant opportunities for investors.