Natural Gas and Oil Forecast: Will Upward Trend Hold Above Key EMA Levels?

Market Overview

Natural gas and oil markets face heightened volatility amid escalating geopolitical tensions and potential policy shifts. Recent price gains, driven by supply disruptions and sanctions affecting key producers, may be short-lived as traders anticipate new policy announcements.

Market participants are closely watching the impact of regulatory changes, with analysts citing increased tanker rates and widening price spreads as signs of tightening supply.

Additionally, adverse weather conditions in the U.S. could further pressure supply chains. Investors remain cautious, balancing geopolitical uncertainties with evolving market fundamentals that continue to shape energy prices in the near term.

Natural Gas Price Forecast

Natural Gas (NG) prices are trading at $3.47, down 2.92%, as bearish sentiment dominates the market. The commodity is struggling to stay above the key pivot point of $3.78, which acts as a crucial level for potential recovery. Immediate resistance is seen at $4.05, followed by a stronger barrier at $4.35.

On the downside, support is positioned at $3.56, with further levels at $3.33 if selling pressure intensifies. The 50-day EMA at $4.00 suggests a bearish outlook as prices remain below this key level, while the 200-day EMA at $3.73 highlights a broader downtrend.

A break below $3.78 could accelerate declines, while a move above may invite buyers back into the market.

WTI Oil Price Forecast

U.S. crude oil (USOIL) prices are holding steady at $77.35, showing a marginal gain of 0.02%. The market is maintaining a bullish stance above the pivot point at $77.19, with the 50-day EMA at $76.95 offering short-term support. Immediate resistance stands at $80.68, with a break above potentially paving the way toward the next key level at $82.57.

On the downside, support is observed at $75.39, followed by a stronger cushion at $72.84. The upward trendline remains intact, reinforcing buying momentum, but a move below $77.19 could invite selling pressure.

Brent Oil Price Forecast

Brent crude (UKOIL) is trading at $80.71, down 0.63%, hovering just above the pivot point at $80.49. Despite the dip, the broader trend remains constructive, with the 50-day EMA at $80.73 acting as immediate resistance. A break above $81.70 could push prices toward the next resistance at $82.61.

On the downside, immediate support is seen at $79.58, with further downside risk to $78.43 if selling pressure intensifies.

The upward trendline suggests buyers are still in control, but a sustained drop below $80.49 could accelerate bearish momentum.