NGCUSD

U.S. natural gas futures continue to show a downward trend as weather forecasts for the second half of March indicate milder conditions compared to previous predictions, along with signs of recovery in production. Throughout the day, movements in European and U.S. markets, as well as stock data to be released by the U.S. Energy Information Administration, can be monitored.

If prices remain below the resistance levels of 4,100 - 4,170, a downward trend is expected to become more pronounced. In the event of a decline, levels of 4,000 and 3,940 can be set as targets. In cases of recovery, the status of the 4,100 - 4,170 resistance will be critical; breaking this resistance could lead to levels of 4,210 and 4,270 coming into focus. The key level of the day: 4,100 - 4,170.