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3 Feb 2022

Natural Gas Futures: Extra gains in the pipeline

Considering flash data for natural gas futures markets, open interest rose by nearly 20K contracts on Wednesday, reaching the fifth consecutive daily build. Volume reversed two daily pullbacks in a row and went up sharply by around 454.7K contracts.

Natural Gas now targets $6.00

Wednesday’s acute advance in prices of natural gas was amidst rising open interest and volume, opening the door to the continuation of the uptrend in the very near term. That said, further upside could revisit the November 2021 highs near $5.90 per MMBtu (November 4).

Feb 3, 2022

US T-bond yields stabilize, stock futures print losses as traders await ECB, BOE

Market sentiment stays sluggish as traders await key central bank verdicts amid reflation fears. While portraying the mood, US government bond yields
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Feb 3, 2022

GBP/USD Price Analysis: Uptrend falters above 21-DMA ahead of BOE rate decision

GBP/USD is battling 1.3550, looking to extend its retreat from an eight-day top of 1.3587, as the US dollar bulls jump onto the bids amid a risk-off m
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