Thursday, 21 January 2016

Commodity market News on Natural Gas and Crude Oil

Crude Oil. It suggest that prices are trading in downtrend channel. However, it is expected to take support near channel trend line support levels. On the upside, reversal can be seen above 2000 levels.

Natural gas. It suggest that prices are trading in sideways zone after bottoming out near 136.70 levels. It is expected to rebound on the upside till 149.80 levels.

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