By FX Empire.com
Natural Gas Fundamental Analysis March 12, 2012, Forecast
Analysis and Recommendations:
Natural Gas moved back up today, after falling all week to close yesterday at 2.295 and is currently holding at 2.308. There is a strong line of support at the 2.30 level and again at the 2.323 level. Natural Gas will most likely sit in this range for a while. Winter is over and there is little demand and inventories remain high.
Economic Events: (GMT)
WEEKLY
- Heating Oil & Propane Update (October-March)
Heating Oil, Propane Residential and Wholesale Price Data
Release Schedule: Wednesday at 1:00 p.m. EST - Weekly Coal Production
Release Schedule: Thursday by 5:00 p.m. EST - Weekly NYMEX Coal Futures
Release Schedule: Monday by 5:00 p.m. EST - Natural Gas Weekly Update
Release Schedule: Thursday between 2:00 and 2:30 p.m. (Eastern Time) - Weekly Natural Gas Storage Report
Release Schedule: Thursday at 10:30 (Eastern Time) (schedule)
Originally posted here
