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29 Jul 2021

Natural Gas Futures: Further retracement not ruled out

Considering advanced readings for natural gas futures markets from CME Group, open interest rose a tad by 375 contracts on Wednesday. On the other hand, volume shrank by around 21.7K contracts after two daily pullbacks in a row.

Natural gas met support near $3.80

Prices of natural gas extended the drop on Wednesday amidst a small uptick in open interest, leaving the door open to extra losses in the very near term. That said, recent lows around the $3.80 mark per MMBtu should hold the downside for the time being.

Jul 29, 2021

GBP/USD Price Analysis: Bulls look to test 50-DMA resistance at 1.3951

GBP/USD is extending its four-day winning streak beyond 1.3900, as the bulls remain unstoppable amid notable US dollar supply and an upbeat market moo
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Jul 29, 2021

Turkey Economic Confidence Index increased to 100.1 in July from previous 97.8

Turkey Economic Confidence Index increased to 100.1 in July from previous 97.8
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