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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

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