25th Jul - Natural Gas Breaks Long Term Rising Support
25 July 2014
MONTHLY CHART –
CONTINUATION:
Early this year saw the market
rally to test the long term 38.2%
retracement level, which provided
clear resistance.
WEEKLY CHART -
CONTINUATION:
A period of consolidation followed
the initial drop back after a spike
high. The next downleg has now
seen violation of the rising support
line, with price closing in on the
61.8% pullback level.
However, the power could well be
there to extend lower, towards the
76.4% level just below 3.000.
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28th Jul - EUR/USD Breaches Key Supports
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17th Jul - USD/ZAR Recovery Currently Restrained