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20 Oct 2022

Natural Gas Futures: Rising bets for extra decline

Considering advanced prints from CME Group for natural gas futures markets, traders added around 7.5K contracts to their open interest positions on Wednesday, reversing at the same time three consecutive daily pullbacks. Volume followed suit and increased by around 35.6K contracts, keeping the choppy activity well and sound for yet another session.

Natural Gas: Next on the downside comes $5.00

Further decline in prices of the natural gas appear on the horizon following Wednesday’s daily retracement amidst increasing open interest and volume. Against that, the loss of the $5.00 mark per MMBtu should trigger further losses in the very near term.

Oct 20, 2022

Gold Price Forecast: XAU/USD keeps sight of $1,615 and $1,600

Gold price is looking to extend the previous sell-off. As FXStreet’s Dhwani Mehta notes, XAU/USD remains on track to test $1,600. Any recovery attempt

USD/JPY Price Analysis: Bulls struggle at 32-year high near 150.00

USD/JPY buyers keep the reins between the 149.90 and 149.95 area ever since the yen pair refreshed the 32-year during early Thursday. It should, howev