Natural Gas Futures: Further range bound looks likely – by pabspiovano Gas Commodities Energy OpenInterest Futures
w at the end of last week. Volume, on the other hand, rose by around 322.5K contracts after three consecutive daily drops.was on the back of shrinking open interest and hints at the view that a deeper pullback seems not favoured in the very near term. The uptick in volume also points to some consolidative mood ahead. The 200-day SMA at $6.84 per MMBtu, in the meantime, continues to cap the upside for the time being.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock futures fall following the S&P 500's best week since JuneThe S&P 500 rallied 5.9% last week as investors cheered a lighter-than-expected inflation reading.
Read more »
Binance Will Delist FTT Margin Pairs, USDⓈ-M Futures Contracts and Binance Flexible Products | Binance SupportIn an effort to protect users, Binance will remove and delist $FTT from the following products: 🔸 Simple Earn Flexible Products 🔸 USDⓈ-M Perpetual contracts 🔸 Cross Margin 🔸 Isolated Margin View settlement and delisting times here ⤵️
Read more »
Gold Futures: Room for extra gains near termCME Group’s flash data for gold futures markets noted traders added around 12.7K contracts to their open interest positions on Friday, reaching the 5t
Read more »
Further details emerge on FTX bankruptcy and missing fundsFurther details on the bankruptcy of crypto exchange FTX emerged on Saturday, even as peers and partners distanced themselves from the firm and sources told Reuters at least a billion dollars of customer funds on the exchange had vanished.
Read more »
Rats exhibit natural sense of rhythm when music is played: StudyA new study out of the University of Tokyo proved that rats possess “beat synchronicity,” the complex neural process where you can recognize and move to music with a sense of rhythm.
Read more »