NGCUSD

Last week, U.S. natural gas futures saw an increase due to cold weather conditions and strong exports. However, following the rollover, prices fell back below $4. Market movements in European and U.S. stock exchanges can be monitored throughout the day.

Closing prices outside the range of 3.950 – 4.035 may play a significant role in determining market direction. Prices above the 4.035 level could increase bullish sentiment, bringing targets of 4.090 and 4.140 into focus. In the event of a decline, the 3.950 support level is critical; if this level is breached, attention may shift to the 3.860 and 3.800 levels.