NGCUSD

U.S. natural gas futures start the new week with a limited increase, while resistance levels remain valid. Geopolitical risk perception, particularly stemming from Ukraine and Yemen, continues to influence upward movements. On the other hand, mild weather forecasts in the U.S. emerge as a significant factor limiting price increases. Throughout the day, the status of European and U.S. markets can also be closely monitored.

If prices remain below the 4,100 – 4,170 resistance levels, a downward trend may be prominent. In the event of a decline, levels of 4,040 and 4,000 could be targeted. In case of a recovery, the situation regarding the 4,100 – 4,170 resistance should be observed; breaking this resistance may lead to levels of 4,210 and 4,270 becoming relevant. The critical level of the day: 4,100 – 4,170.