Natural Gas Price to Keep Falling in July? The Downtrend Explained!

Описание: Natural Gas price is now 8% lower than its June high but it jumped over 2% today after data from the Energy Information Administration showed lower storage change numbers.

76 billion cubic feet were drawn in the week ending on June 23, significantly below the forecast of 82 billion cubic feet, confirming that there is strong demand for natural gas in the U.S. One of the potential reasons according to natural gas technical analysts is the warm weather.

How are you trading natural gas next month? Let us know in the comment below and subscribe to the Capital.com channel for more natural gas price analysis and news updates.

Chapters:
00:00 Intro
00:12 Natural gas news update
04:22 Natural gas price chart analysis
07:53 Recap

***
Explore trading and start investing with Capital.com.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84% of retail investor accounts lose money when spread betting and trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.

This video is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.
To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.

Capital Com SV Investments Limited is regulated by Cyprus Securities and Exchange Commission (“CySEC”), under licence number 319/17.

Capital Com SV Investments Limited, company registration number: 354252. Registered address: 28 Octovriou 237 Lophitis Business Center II, 6th Floor, 3035, Limassol, Cyprus.