NGCUSD

U.S. natural gas futures are influenced by negative sentiment regarding November demand expectations due to warm weather forecasts. Price movements concentrated around the 2.750 level indicate the market's concerns over natural gas demand. Mixed trends in Asian markets and global developments such as the Chinese Central Bank's interest rate cut could have indirect effects on natural gas markets. Geopolitical tensions in the Middle East and the U.S. election process are also factors that could lead to market fluctuations.

In the four-hour timeframe chart, it is observed that the NGCUSD pair is trying to trade above the 2.720 and 2.700 support levels. Maintaining stability above these levels could be important for the continuation of upward movements. Potential upswings could target resistance levels at 2.780 and 2.820. However, if the pair falls below the 2.700 support, the levels of 2.675 and 2.650 may come into focus. The RSI indicator is at 48, showing a neutral outlook. A decline of 0.32% compared to the previous day is noted.