NGCUSD

U.S. natural gas futures have shown strong gains due to record gas flows in liquefied natural gas exports and increasing short-term demand forecasts. In Europe, the debunking of speculation regarding gas purchases from Russia is regarded as one of the factors behind this rise. Throughout the day, movements in European and U.S. markets can be monitored.

If prices remain above the support levels of 4,210 – 4,260, an upward trend may continue. In potential increases, levels of 4,400 and 4,460 could be targeted, while during declines, the status of the 4,210 – 4,260 support should be observed. A break below this level could bring 4,170 and 4,100 levels into play. The critical level of the day is: 4,210 – 4,260.