MNI BRIEF: German Economy "Treading Water", Prices Stable -Ifo

MNI BRIEF: China To Release Childcare Subsidies, Boost Income

MNI: ITALY FEB HICP 0.1% M/M, 1.7% Y/Y

MNI BRIEF: PBOC Mulls New Tools Targeting Consumption

MNI BRIEF: China House Prices Up In February

MNI BRIEF: China Data Shows Good Foundation Despite Issues

MNI:US FEB RETAIL SALES +0.2%; EX-MOTOR VEH +0.3%

US FEB RETAIL SALES $722.7B VS JAN $721.3B

MNI: FOREIGN HOLDINGS OF CANADA SECURITIES +7.9B CAD IN JAN

GERMANY: Union/SPD Migration Alignment After Turmoil Threatened Debt Deal (BILD)

GERMANY: Official Interim Election Results Tilt Towards Missing BSW & FDP

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

TTF NATGAS TECHS: (H5) Corrective Pullback

TTF NATGAS TECHS
Commodities TechCommoditiesEnergy BulletsBulletPower BulletsEnergy Technical Analysis
  • RES 4: €61.73 - 2.00 proj of the Oct 31 - Nov 22 - Dec 16 swing  
  • RES 3: €60.00 - Round number resistance
  • RES 2: €59.39 - High Feb 11 and the bull trigger
  • RES 1: €54.56 - Intraday high 
  • PRICE: €51.25 @ 13:17 GMT Feb 13
  • SUP 1: €50.50 - Intraday low      
  • SUP 2: €48.88 - 50-day EMA 
  • SUP 3: €43.32 - Low Jan 10 
  • SUP 4: €39.06 - Low Dec 16 and a key support

A bull cycle in TTF Gas futures remains intact. However, the latest pullback and today’s strong sell-off, highlight a corrective phase. The contract has traded through the 20-day EMA and attention turns to pivot support at the 50-day EMA - at €49.15. A clear break of this average would undermine a bullish theme and signal scope for a deeper retracement. Key resistance and the bull trigger has been defined at €59.39, the Feb 11 high.

149 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • RES 4: €61.73 - 2.00 proj of the Oct 31 - Nov 22 - Dec 16 swing  
  • RES 3: €60.00 - Round number resistance
  • RES 2: €59.39 - High Feb 11 and the bull trigger
  • RES 1: €54.56 - Intraday high 
  • PRICE: €51.25 @ 13:17 GMT Feb 13
  • SUP 1: €50.50 - Intraday low      
  • SUP 2: €48.88 - 50-day EMA 
  • SUP 3: €43.32 - Low Jan 10 
  • SUP 4: €39.06 - Low Dec 16 and a key support

A bull cycle in TTF Gas futures remains intact. However, the latest pullback and today’s strong sell-off, highlight a corrective phase. The contract has traded through the 20-day EMA and attention turns to pivot support at the 50-day EMA - at €49.15. A clear break of this average would undermine a bullish theme and signal scope for a deeper retracement. Key resistance and the bull trigger has been defined at €59.39, the Feb 11 high.