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May 20, 2026
NEWS: Natural Gas price is falling -2.6% as optimism grows over eased supply concerns following reports of three supertankers exiting the Strait of Hormuz with 6 million barrels of crude oil.
Possible Scenarios:
If Natural Gas fails to breach through S1 of 3.004, our Analysis Department expects Natural Gas to undergo a short- term upward correction.
If Natural Gas manages to break below its S1 of 3.004, our Analysis Department expects Natural Gas to extend its losses to its S2 of 2.970.
Support and Resistance Levels:
|
Natural Gas |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
2.937 |
2.970 |
3.004 |
3.049 |
3.094 |
3.128 |
3.161 |
Potential Profit or Potential Loss Calculations:
|
10 cents per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) $100 |
(+/-) €86.25 |
(+/-) £74.64 |
*1 trading lot is equivalent of 10000 units
**EUR/USD = 1.15934
***GBP/USD = 1.33977
Calculations for exchange rate used as of Wednesday, May 20, 2026, 14:17 GMT+1