Register for MT4 Demo Account

Register for xStation Account

Agri-commodities Rebounce While Natural Gas Slids

By Research Team Tuesday, Mar 21, 2023

    • 10.42amD1
    • High2.256
    • Low2.227
    • Close2.241

Natural Gas is trading at $2.239, 0.14% down since previous day close. The downward momentum can be seen in Natural gas prices amid change in climatic conditions in U.S & European regions which reduces the demand of heating fuels like Natural Gas. Also, the decline in Oil prices made the other energy products weaker too. Last week, the prices gained after the U.S Energy Information Administration (EIA) report showed a shortage of 58B as compared to an expected fall of 62B which signaled lesser supplies against the steady demand & hence, pushed up the prices. As seen in the chart, the Natural Gas is trading near previous lows of $2.200 which acts as major support level. Slight selling bias may be suggested in Natural Gas on daily basis.

Read More… Read Less



Intra Day
Near Day

Technical Levels

R3 2.72
R2 2.506
R1 2.374
Turnaround 2.292
S1 2.16
S2 2.078
S3 1.864
By Research Team Tuesday, Mar 21, 2023

    • 11.00amD1
    • High8725
    • Low8518
    • Close8702

COPPER is trading at $8702.3, 0.18% up since previous close. The metals inches up on Monday which led Copper prices to trade on higher note through-out the day. However, the suspicious opening can be seen in today’s opening in Copper amid steady USD ahead of the Fed meeting which will reveal its monetary decision against the expected rate hike of 25bps. However, the global commodities may see some kind of upside later on as Fed & other Central banks have announced for liquidity support to be provided to respective economies in order to stabilize global growth; which have been affected by banking crises. As seen in the chart, the Copper reversed up from MA (100) which shows the chances of strong upside if momentum prevails further.

Read More… Read Less



Intra Day
Near Day

Technical Levels

R3 9062.33
R2 8855.33
R1 8778.67
Turnaround 8648.33
S1 8571.25
S2 8441.33
S3 8234.33

XFlow Markets provides an entirely transparent access to the FOREX Market through two powerful trading platforms with excellent execution speed, a 24/5 client support system with no dealing desk involvement.


© 2024 XFlow Markets, All rights reserved.

Risk Warning: Leveraged trading in foreign currency contracts or other off-exchange products on margin carries a high level of risk and may not be suitable for everyone. We advise you to carefully consider whether trading is appropriate for you in light of your personal circumstances.

You may lose more than you invest. Information on this website is general in nature. We recommend that you seek independent financial advice and ensure you fully understand the risks involved before trading. Trading through an online platform carries additional risks.


XFlow Markets INC is incorporated in Saint Lucia with registration no. 2023/C088 governed by the Companies Act, Cap 13.01 of the revised laws of Saint Lucia.

XFlow Markets does not offer Contracts for Difference to residents of certain jurisdictions including the Belgium, Iran, Canada, North Korea, the USA, Cuba, Syria and FATF Black Listed Countries.

Telephone number: UAE: +971 43304431 Working hours: 7:00 AM - 5:00 PM (GMT+0)

XFlow Markets does not offer any fixed returns & guaranteed profits. Forex and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Your capital is at risk. Please consider our Risk Disclosure.

XFlow Markets does not guarantee any returns or profits. Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.