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Natural Gas Futures: Extra decline on the cards

Open interest in natural gas futures markets rose for the fourth session in a row on Tuesday, now by around 1.8K contracts, according to advanced prints from CME Group. On the flip side, volume shrank by around 46.4K contracts, adding to Monday’s drop.

Natural Gas: Strong hurdle emerges around $5.00

Prices of natural gas somewhat reversed the ongoing rally on Tuesday. The downtick was in tandem with rising open interest, which favours further decline in the very near term, while the moderate drop in volume could slow the pace/extension of that potential move. Extra gains in natural gas, in the meantime, need to clear the $5.00 mark per MMBtu on a sustainable fashion.

EUR/GBP Price Analysis: 0.8360 remains a tough nut to crack for bulls

EUR/GBP is trying hard to extend the previous rebound from near the 0.8320 region, currently trading in the green at 0.8336. Despite the uptick, bulls
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USD/CHF Price Analysis: Bears run out of steam above 0.9200

USD/CHF remains pressured around 0.9210 during the four-day downtrend ahead of Wednesday’s European session. In doing so, the Swiss currency (CHF) pai
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