EURCHF was rebounding strongly from 4-month low But its advance came to a halt at the 50-day SMA Oscillators are cautiouslytilted to the bullish side EURCHF has been in a steep recovery since mid-June, attempting to erase the aggresive slide from its 2024 peak. However, the rebound seems to have been on hold in the past couple […]
Feb 19, 2025
Natural Gas Price Hits Highest Level Since January 2023
The XNG/USD chart today shows that natural gas prices have surpassed the December 2024 peak, breaking through the key psychological level of $4.000/MMBtu. Since early February, prices have surged by over 20%. Why Is Natural Gas Price Rising? According to The Wall Street Journal, the bullish sentiment is driven by: → Weather models confirming forecasts […]
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