NatGas/JPY

After several years of skyrocketing winter heating costs, millions of Americans are expected to finally get a little relief this coming season — if they heat their homes with natural gas, that is. Natural gas heating, which is used by just under half of US homes, is expected to cost an average of $726 this winter, down 7.8% from last year, according to an ...

Natural gas might be in for a reversal from its short-term rally, as the commodity price is forming a double top pattern on the hourly time frame. Price has yet to test and break below the neckline around $2.600 to confirm the downtrend. If that happens, natural gas could fall by the same height as the chart formation or around $0.150. Technical indicators, ...