NGCUSD

U.S. natural gas futures started the week with a rise due to cold weather forecasts, but profit-taking sales have come to the forefront subsequently. Declines in Asian markets and Trump's additional customs tariff plans increase uncertainty in the markets. A higher than expected U.S. consumer confidence index could boost demand for the dollar. The FOMC meeting minutes will be critical for the markets and could impact the exchange rate.

From a technical perspective, the NGCUSD pair is trading near the support zones at the 3.370 and 3.330 levels on the daily chart. Resistance levels to watch for upward movements are identified as 3.500, 3.535, and 3.580. The RSI indicator is currently at 52, showing a neutral outlook. A 0.52% increase has been recorded in the last 24 hours, and it can be said that as long as the pricing remains below the 3.500 resistance, the downward pressure may continue. However, closures above 3.500 could trigger recovery movements.