Natural Gas Forecast: Potential Price Rise Ahead
The price of the currency pair EUR/USD rebounded from the level of 1.1140 and dropped. Now, the price of this asset is testing the supporting level of 1.1000. Should the price of this currency pair undergo correction, it might break the support, drop, and target the level of 1.0790 next. So, let’s observe what the next price movement of this asset might be.
The price of natural gas is slowly heading up, testing the resistance level of 2.3 in the meantime. It might potentially face resistance at the level of 3.0 soon. Time will tell whether this scenario might work out.
Germany 10-year bond yield is going down. It might eventually reach 1.9%. It is also important to note that at this point the asset might gain a very strong support, and the bond yield could potentially rise again. So, let’s observe what is going to be the upcoming market sentiment for the bond.
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