EEX NBP EGSI Natural Gas Day Futures: Resistance vs Support in Tight Market Standoff
The EEX NBP EGSI Natural Gas Day Futures (Sep 2026 D11) is currently facing a tense standoff between different market players. The price movement of natural gas has been closely watched, with traders monitoring key resistance and support levels.
A clear resistance channel has formed since March 2025, indicating the presence of long-term participants such as yearly or quarterly traders. If this channel continues for another couple of trading sessions, it could be a bearish sign for natural gas.
On the other hand, a strong green support channel has been held intact since February 2024, mainly driven by yearly participants. If this channel is respected around the 260 levels, it may push the price to much higher levels.