According to FX Strategists at UOB Group, open interest in Natural Gas futures markets shrunk by around 10.2K contracts on Tuesday. Volume followed suit and dropped by around 131.1K contracts. Natural Gas faces strong resistance around $2,00/MMBtu The strong rebound in prices of Natural Gas since late June lows seems to have met strong resistance around the $1,95 level so far. Tuesday’s diminishing open interest and volume amidst rising prices opens the door to some near-term correction, while the $2,00 mark still emerges as the next relevant hurdle. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/JPY still moves within a consolidative fashion – UOB FX Street 3 years According to FX Strategists at UOB Group, open interest in Natural Gas futures markets shrunk by around 10.2K contracts on Tuesday. Volume followed suit and dropped by around 131.1K contracts. Natural Gas faces strong resistance around $2,00/MMBtu The strong rebound in prices of Natural Gas since late June lows seems to have met strong resistance around the $1,95 level so far. Tuesday’s diminishing open interest and volume amidst rising prices opens the door to some near-term correction, while the $2,00 mark still emerges as the next relevant hurdle. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
