The market is trading along an uptrend with target on 1.2530, that may be expected to continue, while market is trading above support level 1.2450.An downtrend will start as soon, as the market drops below support level 1.2450, which will be followed by a move down to support level 1.2378.
The uptrend may be expected to continue in case the market rises above resistance level 1358, which will be followed by reaching resistance level 1365.An downtrend will start as soon, as the market drops below support level 1350, which will be followed by a move down to support level 1339.
US CRUDE OIL
The uptrend may be expected to continue in case the market rises above resistance level 61.50, which will be followed by reaching resistance level 63.40.An downtrend will start as soon, as the market drops below support level 60.90, which will be followed by a move down to support level 60.00.
NATURAL GAS
An uptrend will start as soon as the market rises above resistance level 2.670, which will be followed by a move up to resistance level 2.750 and 2.820.An downtrend will start as soon, as the market drops below support level 2.580, which will be followed by a move down to support level 2.500.