Financial market volatility has plunged to its lowest level in almost four years, according to the VIX index. This so-called “fear index” fell to 12.45 on Friday, the lowest level since January 2020. Such low levels could be both a sign of the market entering a smooth bullish trend or a lull before a sharp […]
On 5 December, while analysing the natural gas chart, we noted that price movements: → were forming an ascending channel (shown in blue); → support from the lower boundary of the channel (reinforced by the psychological level of 3.000) was already evident in a nascent price reversal (indicated by an arrow). As the XNG/USD chart […]
The post XNG/USD Analysis: Bears Pressure Key Support appeared first on Action Forex.
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